When a Nation Imports More Than It Exports,it Has a Positive

question 3

True/False

When a nation imports more than it exports,it has a positive balance of trade.

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Definitions:

Mania

A state of abnormally elevated arousal, affect, and energy level, often indicative of a mental health condition.

Global Explanations

Broad interpretations or reasons given for events or behaviors that apply universally across different situations.

Internal

Pertaining to or situated on the inside; relating to the inner nature of something or someone.

Pessimism

The tendency to see the worst aspect of things or believe that the worst will happen; a lack of hope or confidence in the future.