All of the Following Statements Are True Except

question 75

Multiple Choice

All of the following statements are true except

• A)Until 1971 the United States had run a trade surplus virtually every year of the 20^th century.
• B)The U.S.ran relatively small trade deficits through most of the 19^th century.
• C)The U.S.was the only industrial power to raise tariffs during the 1930s.
• D)World trade in the 1930s dwindled to a fraction of what it had been in the 1920s.

---

Definitions:

Logical Definitions

Explanations of concepts or terms strictly based on their logical properties and inherent structure, often used in philosophy and mathematics.

Metaphorical Meaning

The symbolic significance of words in which they are used to represent ideas or concepts not literally applicable to them.

Power

The ability or capacity to do something or act in a particular way; often related to the control or influence over others.

Essential Attributes

Fundamental qualities or characteristics that define the nature of something, without which it would not be recognized as itself.