When the Monetary Value of a Nation's Imports Exceeds the Monetary

question 105

Multiple Choice

When the monetary value of a nation's imports exceeds the monetary value of its exports, it is known as:

• A)added value.
• B)international trade.
• C)balance-of-trade deficit.
• D)balance-of-payments surplus.
• E)value of exports.

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Definitions:

Basic Elements

Fundamental components or building blocks of a broader concept, structure, or system.

Titchener

Titchener, Edward Bradford, was a psychologist who founded structuralism, an early school of psychology focusing on introspection to identify the basic components of consciousness.

Consciousness

The condition or characteristic of being conscious or cognizant of an external object or something internal to oneself.

Continuous Stream

An unbroken flow or sequence of content or information, often used in context to streaming media online.