A Country's Budget Constraint States That

question 59

Multiple Choice

A country's budget constraint states that

• A) the value of exports must be equal to the value of imports.
• B) real income in the exporting country must be equal to real income in the importing country.
• C) unless a country engages in trade, the value of exports cannot exceed the value of goods produced.
• D) a country will engage in trade only if the value of imports exceed the value of exports.
• E) a country will engage in trade only if the value of exports exceeds the value of imports.

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Definitions:

Neurotransmission

The process by which signaling molecules called neurotransmitters are released by a neuron and cross the synaptic gap to the receptor sites of another neuron, modulating neuronal activity.

Synapses

The junctions through which neurons communicate with each other or with other types of cells, involving the release and reception of neurotransmitters.

Tolerance

Decrease in response to a drug with the passage of time.

Decreased Response

A reduction in the body's reaction to a particular stimulus over time, often after repeated exposure.