An Economic Condition in Which a Trade Deficit Causes a Permanent

question 40

Multiple Choice

An economic condition in which a trade deficit causes a permanent negative shift in a country's balance of payments is called ________.

• A) revaluation
• B) statistical discrepancy
• C) the Fisher effect
• D) fundamental disequilibrium

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Definitions:

Violence

The exertion of physical force so as to injure or abuse.

Black Power

A political slogan and a name for various associated ideologies aimed at achieving self-determination for people of African descent.

Freedom Rally

A public demonstration advocating for civil liberties and rights, often associated with the civil rights movement and emancipation events.

1966

A year notable for significant events in civil rights and cultural shifts worldwide, including advancements in the civil rights movement in the United States.