MATCHING Complete the Following Using the Terms Listed

question 38

Multiple Choice

MATCHING
Complete the following using the terms listed.
-_____ refers to the positive difference between a country's exports versus imports.

• A)embargo
• B)balance of trade
• C)joint venture
• D)dumping
• E)import
• F)tariff
• G)International Monetary Fund
• H)World Trade Organization
• I)multinational corporation (MNC)
• J)devaluation
• K)exchange rate
• L)absolute advantage
• M)trade surplus
• N)quota
• O)World Bank
• P)balance of payments
• Q)comparative advantage

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Definitions:

Defensiveness

A psychological reaction characterized by a refusal to accept or consider criticism or uncomfortable truths about oneself, often as a mechanism to protect self-esteem.

Endogamy

The practice of marrying within a specific social group, caste, or ethnic group, rejecting those from others as inappropriate for marriage or other close relationships.

Legal Barriers

Laws or regulations that constitute obstacles to certain actions or changes.

Family Size

The total number of members in a family unit, including parents and children.