Econland's Net Exports Could Rise Because a Trading Partner's ________

question 141

Multiple Choice

Econland's net exports could rise because a trading partner's ________ goes ________,or because Econland ________ tariffs against the imports of its trading partners.

• A) income;down;increases
• B) income;up;increases
• C) income;down;decreases
• D) income;up;decreases
• E) inflation;down;decreases

---

Definitions:

Altruistic Explanations

Theories or reasons provided for actions taken for the benefit of others, often without personal gain and sometimes at a cost to oneself.

Stoicism

A classical Greek philosophical approach that emphasizes cultivating self-discipline and resilience to conquer harmful feelings.

Virtue Ethics

An ethical theory that emphasizes the role of character and virtue in moral philosophy rather than either doing one’s duty or acting to bring about good consequences.

Stoic Frame

An approach to life based on stoicism, emphasizing rationality, personal virtue, and resilience in the face of adversity or emotional turmoil.