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Kirby and Marsha Are College Students

question 239

Multiple Choice

Kirby and Marsha are college students. Kirby is always complaining about her class load and says she feels constantly fatigued. Although Marsha has a heavier class load and works part-time, Marsha rarely complains and does not appear as fatigued as Kirby. Which of the following statements is most likely TRUE?


Definitions:

Balance of Trade

The difference between the value of our imports and our exports.

Trade Problem

Issues or challenges that arise in the process of exchange of goods, services, or both between countries.

High Protective Tariffs

Elevated taxes imposed on imported goods to protect domestic industries from foreign competition.

Frederic Bastiat

A French economist and writer known for his theories on free markets and the unseen economic consequences of government intervention.

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