A Trade Surplus Results When a Country Exports More Than

question 67

True/False

A trade surplus results when a country exports more than it imports.

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Definitions:

Robert Rescorla

A psychologist known for his work on the theory of classical conditioning, particularly the role of cognitive processes in associative learning.

Conditioned Stimulus

A previously neutral stimulus that, after association with an unconditioned stimulus, elicits a conditioned response.

Thorndike's Law of Effect

A psychological principle stating that behaviors followed by satisfying consequences are likely to be repeated, while those followed by unpleasant consequences are less likely to be repeated.

Pleasant Events

Activities or experiences that induce a state of enjoyment, happiness, or satisfaction.