If the Terms of Trade Increase in a Two-Nation World,those

question 14

Multiple Choice

If the terms of trade increase in a two-nation world,those of the trade partner:

• A)deteriorate
• B)improve
• C)remain unchanged
• D)any of the above

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Definitions:

Cascading

The process of connecting or layering several components or systems in a step-wise fashion where the output of one serves as the input for the next.

Reciprocating Functions

Functions or operations that involve back-and-forth or repetitive motion, often seen in mechanical systems.

Parallel Circuit

A circuit in which two or more of the connected components or contact symbols in a ladder program are connected to the same pair of terminals so that current may flow through all the branches; contrasted with a series connection, in which the parts are connected end to end so that current flow has only one path.

Series Circuit

A circuit in which the components or contact symbols are connected end to end, and all must be closed to permit current flow.