If Japan's Total Exports Are $12 Billion and Total Imports

question 129

Multiple Choice

If Japan's total exports are $12 billion and total imports are $4 billion, then this is called

• A) a trade deficit.
• B) a positive balance of trade.
• C) an absolute advantage.
• D) a negative balance of payments.
• E) negative capital mobility.

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Definitions:

Living on Land

The adaptation of life forms to survive and thrive in terrestrial environments, as opposed to aquatic or marine habitats.

External Respiratory

The process of gas exchange between the external environment and an organism, involving the intake of oxygen and the release of carbon dioxide, primarily through structures like lungs or gills.

Heterotrophs

Organisms that cannot produce their own food and rely on consuming other organisms for energy and nutrients.

Organ System

An organized group of tissues and organs that work together to perform a specialized set of functions (e.g., the digestive system or circulatory system).