The Sharp Deterioration of the US Trade Balance on Goods

question 27

Multiple Choice

The sharp deterioration of the US trade balance on goods after the 1970s was due in large part to which of the following?

• A)The sharp rise in the price of imported petroleum products during the 1970s
• B)The high international value of the dollar in the 1980s
• C)The more rapid growth of the United States than Europe and Japan during the 1990s
• D)All of the above

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Definitions:

Superego

The part of the personality in Freudian psychoanalytic theory that represents internalized societal standards of right and wrong.

Disapproved

The state of being opposed or objected to, often as a result of not meeting certain standards or expectations.

Parents

Biological, adoptive, or caretaking individuals who have the primary role in raising children.

Care

The provision of what is necessary for the health, welfare, maintenance, and protection of someone or something.