A Country Experiencing a Serious BOT ________ Is More Likely

question 25

Multiple Choice

A country experiencing a serious BOT ________ is more likely to ________ exports than otherwise.

• A) surplus; contract
• B) surplus; expand
• C) deficit; expand
• D) none of the above

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Definitions:

Certain Environments

Specific or particular settings or contexts within which actions take place or conditions exist.

Confirmation Bias

The tendency to search for, interpret, favor, and recall information in a way that confirms one's preexisting beliefs or hypotheses.

Hindsight Bias

The tendency to believe, after an event has occurred, that one would have predicted or expected the outcome, often oversimplifying the causes and effects.

Morality

Principles concerning the distinction between right and wrong or good and bad behavior.