An Increase in a Country's Net Commodity Terms of Trade

question 9

Multiple Choice

An increase in a country's net commodity terms of trade will

• A) not always guarantee positive changes in the country's economy.
• B) always increase the country's economic welfare.
• C) always increase the country's real income.
• D) never increase the country's quantity of exports.
• E) always increase the country's production of its import competing good.

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Definitions:

Talking Headings

A style of video presentation where the speaker’s head and shoulders are shown speaking to the camera, often used in news broadcasting.

Supporting Facts

Concrete evidence or data that backs up a claim, theory, or proposition, providing credibility and substance to arguments.

Parallelism

Parallelism in writing is the use of similar structures in related words, clauses, or phrases to create a balance and rhythm in the composition.

Natural Gas

A fossil fuel consisting mainly of methane, used as an energy source for heating, cooking, and electricity generation, as well as a fuel for vehicles.