If Canada's Terms of Trade Rise from 212 to 236,then

question 98

Multiple Choice

If Canada's terms of trade rise from 212 to 236,then the change is said to be

• A)favourable.
• B)unfavourable.
• C)neutral.
• D)prudent,since the rule of 72 is not violated.
• E)a deterioration.

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Definitions:

Severable Contract

A contract whose terms can be divided.

Divisible

Capable of being divided or separated into smaller components or parts.

Pygmalion Effect

The phenomenon where higher expectations lead to an increase in performance; a form of self-fulfilling prophecy.

Perceptual Distortion

A cognitive bias or error that affects the accuracy of one's perception or interpretation of reality.