Which of the Following Is True of Exports and Imports

question 5

Multiple Choice

Which of the following is true of exports and imports?

• A) Businesses don't face any restrictions as exporters.
• B) A country runs a trade deficit if it exports more than it imports.
• C) Goods and services that are sold abroad are called imports.
• D) Companies cannot import products to resell in their own countries.
• E) Some countries limit the ability of exporters to take money they earn from their exports out of the country.

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Definitions:

Cognitive Development

The process of growth and change in intellectual capabilities, influencing how an individual understands and interacts with the world.

Echoic Memory

A component of sensory memory that allows individuals to retain audio information for short periods after the original sounds have ended.

Iconic Memory

The visual sensory memory register pertaining to the visual domain and a fast-decaying store of visual information.

Sensory Memory

The shortest-term element of memory, allowing the retention of impressions of sensory information after the original stimuli have ended.