When a Nation Starts Importing a Good or Service,domestic Employment

question 184

Multiple Choice

When a nation starts importing a good or service,domestic employment in that industry

• A) decreases.
• B) stays the same.
• C) increases.
• D) might change, but more information about what else the country imports is needed to determine if employment increases, decreases, or does not change.
• E) might change, but more information about what the country exports is needed to determine if employment increases, decreases, or does not change.

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Definitions:

Morningstar Rating

A system used to rate mutual funds and other investment vehicles based on past performance, risk, and other factors, typically ranging from one to five stars.

Net Asset Value

The net worth of a fund, calculated by subtracting its liabilities from the sum of its assets, commonly associated with mutual and exchange-traded funds.

Closed-end Fund

A type of investment fund with a fixed number of shares that are traded on the stock exchange, unlike mutual funds which continuously offer new shares or buy back existing shares.

Brokered Markets

Marketplaces where buyers and sellers are brought together by third-party brokers to facilitate transactions.