Importing More Than You Export Results in

question 11

Multiple Choice

Importing more than you export results in

• A) trade deficits.
• B) a free market.
• C) a controlled or managed market.
• D) an imbalance of the "invisible hand" of the market.

---

Definitions:

Depreciable Cost

Depreciable cost is the cost of a fixed asset that is subject to depreciation over its useful life, excluding salvage value.

Depreciation Rate

A percentage rate used to calculate the decrease in value of an asset over time for accounting and tax purposes.

Units-of-Activity

A depreciation method that allocates the cost of an asset over its useful life based on the units it produces or hours it operates.

Straight-Line Depreciation

is a method of depreciating an asset where the asset's cost is evenly spread over its useful life, resulting in equal depreciation expenses each year.