When the Value of a Country's Exports Exceeds the Value

question 31

Multiple Choice

When the value of a country's exports exceeds the value of its imports, the country has a(n) ________.

• A) industrial economy
• B) exchange control
• C) trade surplus
• D) trade deficit
• E) post-industrial economy

---

Definitions:

Social Commerce

The use of social media platforms to facilitate online shopping and transactions, merging social interactions with e-commerce.

Social Shopping Behaviors

Consumer activities that combine social media and online shopping, influenced by user reviews, recommendations, and social interactions.

Psychology of Influence

The study of how individuals can affect the thoughts, behavior, and feelings of others, often used in marketing, negotiation, and leadership.

Persuasive Message

A communication designed to influence the attitudes, beliefs, or behaviors of its recipients.