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It Is Not Possible to Conduct Correlation and Regression Analysis

question 11

True/False

It is not possible to conduct correlation and regression analysis if the data collected in social media are qualitative in nature.


Definitions:

International Trade

The exchange of goods, services, and capital between countries and territories, influenced by comparative advantages and economies of scale.

Infant-Industry Argument

The economic rationale for protecting new industries with tariffs or other trade barriers until they become competitive internationally.

Tariff

A tax or duty to be paid on a particular class of imports or exports, used by governments to control trade and protect domestic industries.

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