A Trade Deficit Involves

question 63

Multiple Choice

A trade deficit involves:

• A)net flows of goods from foreign countries to the home country government.
• B)net money flows from the foreign country firms to the home country government.
• C)net money flows from the domestic firms to the home country government.
• D)net money flows from the foreign country firms to the home country.
• E)net flows of goods from foreign countries to the firms of the home country.

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Definitions:

Acid/Base Reaction

A chemical reaction that involves the transfer of hydrogen ions (H+) between a proton donor (acid) and a proton acceptor (base).

Conjugate Acid

The species created when a base gains a proton (H+), forming a pair in which the acid and base differ only by one hydrogen atom.

Conjugate Base

A species formed by the removal of a proton (H+) from an acid.

Empirical Formula

The simplest ratio of the elements in a compound that gives the relative number of atoms of each element.