Which of the Following Could Explain Why the Terms of Trade

question 15

Multiple Choice

Which of the following could explain why the terms of trade of developing countries might deteriorate over time?

• A) Developing country exports consist mainly of manufactured goods.
• B) Developing country exports consist mainly of primary products.
• C) Commodity export prices are determined in highly competitive markets.
• D) Commodity export prices are solely determined by developing countries.
• E) Developing country exports are too diverse.

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Definitions:

Batson V.Kentucky

A landmark Supreme Court decision ruling that a prosecutor's use of peremptory challenge in jury selection based on race is unconstitutional, violating the Equal Protection Clause.

Peremptory Challenges

The right of attorneys during jury selection to reject a certain number of potential jurors without stating a reason.

Due Process Clause

A constitutional provision in the Fifth and Fourteenth Amendments that guarantees individuals fair treatment through the normal judicial system, especially as a safeguard to protect against arbitrary denial of life, liberty, or property.

Dissenting Opinion

A separate judicial opinion written by a judge who disagrees with the majority's decision in a court ruling.