If Total Imports Exceed Total Exports,other Things Being Constant,then

question 159

Multiple Choice

If total imports exceed total exports,other things being constant,then

• A)net exports are negative.
• B)net exports are positive.
• C)GDP rises.
• D)investment rises.

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Definitions:

Global Poverty

The condition where individuals or communities lack the financial resources to meet basic living standards around the world.

Global Commodity Chain

A worldwide network of production and distribution processes through which a product passes until it reaches the consumer.

Colonialism

The policy or practice of acquiring full or partial political control over another country, occupying it with settlers, and exploiting it economically.

Global World

A global world describes an interconnected and interdependent world where goods, services, people, and ideas cross international boundaries easily.