If a Country Imports More Than It Exports, Its Balance

question 52

True/False

If a country imports more than it exports, its balance of trade is said to be favorable.

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Definitions:

Developed Nations

Countries with advanced industrial economies, technological infrastructure, and higher living standards for their citizens.

Biomedical Model

A framework used in medicine that exclusively attributes physiological and genetic causes to health conditions, neglecting psychological, environmental, and social factors.

Specific Pathogens

Microorganisms or viruses that cause disease in hosts, distinguished by their precise identification and characteristics.

Infectious Illnesses

Diseases caused by organisms such as bacteria, viruses, fungi, or parasites that can be spread, directly or indirectly, from one person to another.