Sites Such as Lendingtree

question 38

Multiple Choice

Sites such as Lendingtree.com are considered ________________ which bring buyers and sellers together and facilitate the exchange of products and services.

• A) Market makers
• B) Discussion forum
• C) Social networking sites
• D) Online groups
• E) Blogging sites

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Definitions:

Balance of Trade

The difference in value between a country's imports and exports over a given period, indicating the net earnings on foreign trade.

Foreign Trade Sector

The segment of an economy's market dealing with the exchange of goods and services across international borders.

Trade Deficit

A condition where a nation's incoming goods and services are greater than what it sends out.

Domestic Goods Output

The total quantity of goods and services produced within a country's borders, reflecting its domestic economic activity.