Which of the Following Best Explains the Effect of Trade

question 23

Multiple Choice

Which of the following best explains the effect of trade policies on the trade balance?

• A)Trade policies alter the trade balance because they alter imports of the country that implemented them.
• B)Trade policies alter the trade balance because they alter net capital outflow of the country that implemented them.
• C)Trade policies do not alter the trade balance because they cannot alter the national saving or domestic investment of the country that implements them.
• D)Trade policies do not alter the trade balance because they cannot alter the real exchange rate of the currency of the country that implements them.

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Definitions:

Identity Theft

The illegal procurement and utilization of an individual's confidential identity details, often for monetary profit.

Fair And Accurate Credit Transactions Act

A federal law established to enhance consumer protections, focusing on the accuracy and privacy of information held by credit reporting agencies.

Identity Theft Reports

Detailed records or claims made by individuals regarding the unauthorized use and fraud of their personal information.

Consumer Reporting Agencies

Organizations that compile and provide credit histories and other financial data on individuals to creditors, employers, and landlords.