Which Statement About Economic Fluctuations Best Characterizes How Nations Interact

question 77

Multiple Choice

Which statement about economic fluctuations best characterizes how nations interact with each other?  

• A) Economic fluctuations in one nation are usually independent of economic fluctuations in its major trading partner nations. 
• B) Economic fluctuations in one nation are usually independent of economic fluctuations in bordering nations. 
• C) Economic fluctuations in one nation are often linked to economic fluctuations in other economies. 
• D) Economic fluctuations in one nation are linked internationally such that that a recession in one nation means an expansion in the economy of its major trading partner.

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Definitions:

Great-Person Theory

A theory of leadership that suggests history is shaped by the actions of extraordinary leaders.

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Elements within society that influence the behavior, attitudes, and preferences of individuals.

Risky Shift

A phenomenon in group decision-making processes where groups tend to make riskier decisions than individuals.

Attitudes Components

Three major aspects of attitudes: cognitive (beliefs/thoughts), affective (feelings/emotions), and behavioral (actions/tendencies towards the attitude object).