If the Value of a Nation's Merchandise Exports Exceeds Merchandise

question 5

Multiple Choice

If the value of a nation's merchandise exports exceeds merchandise imports,what is the nation running?

• A)a merchandise trade deficit
• B)a balance of payments deficit
• C)a balance of payments surplus
• D)a merchandise trade surplus

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Definitions:

Married

The state of being united to a person in a consensual and contractual relationship recognized by law.

Neurotic Needs

Involves the psychological demands that become compulsions or obsessions, leading to neuroses if not met or managed properly.

Late Childhood

A developmental stage that occurs from around age six until puberty, characterized by increasing cognitive and social skills.

Aggressive Personalities

Individuals who exhibit a pattern of hostile, assertive, or forceful behavior, often engaging in acts of aggression or dominance over others.