The Condition That Results When a Nation's Exports Are Greater

question 19

Multiple Choice

The condition that results when a nation's exports are greater than its imports is called ________.

• A) a trade deficit
• B) a trade surplus
• C) mercantilism
• D) dumping

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Definitions:

Exclusive Jurisdiction

A legal term indicating that only a specific court has the power to hear and decide a particular type of case.

Copyrights

Legal protections granted to the creators of original works, including the exclusive right to reproduce, distribute, and adapt their work.

Federal Courts

Courts established by the government of a country to deal with issues that are national in scope or law, including constitutional matters and federal laws.

Patent Infringement

The unauthorized use, sale, or manufacturing of a patented invention without permission from the patent holder.