List the Factors That Might Influence a Country's Exports, Imports

question 62

Essay

List the factors that might influence a country's exports, imports, and trade balance.

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Definitions:

Incremental Mind-Set

A belief that abilities and intelligence can be developed through effort, strategies, and persistence.

Entity Mind-Set

The belief that personal qualities are fixed and cannot change, as opposed to a growth mindset that views abilities as developable with effort.

Particular Attribute

A specific quality, trait, or characteristic that distinguishes someone or something from others.

Children's Mind-Set

The attitudes, beliefs, and cognitive approach that children adopt towards learning and problem-solving.