Which of the Following Is Correct

question 247

Multiple Choice

Which of the following is correct?
i.U.S.total surplus decreases when the United States exports a good.
ii.U.S.total surplus decreases when the United States imports a good.
iii.U.S.total surplus increases when the United States imports a good and when it exports a good.

• A) i only
• B) iii only
• C) i and ii
• D) ii only
• E) None of the above because the U.S. total surplus does not change as a result of trade

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Definitions:

Trench

A long, narrow ditch often used for defense, utilities, or as a significant topographical feature on the ocean floor.

Passive Margin

A continental margin that is not a plate boundary.

Seafloor Age

The age of the oceanic crust, which increases with distance from mid-ocean ridges where new crust is formed.

Crust Age

A measure indicating the age of the Earth's crust, which varies based on location, with the oceanic crust generally being younger than the continental crust.