In the Long Run, Imports Will Most Likely Be Paid

question 76

Multiple Choice

In the long run, imports will most likely be paid for with

• A) exports.
• B) the sale of real and financial assets.
• C) the extension of credit.
• D) higher domestic unemployment.

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Definitions:

Sales Department

A division of a business that is responsible for selling the company’s products or services to customers.

Production Department

The production department is a segment of an organization responsible for the actual creation and manufacturing of goods or services offered by the company.

R&D Department

The division within a company dedicated to research and development activities aimed at innovating and improving products or processes.

Geographic Design

The arrangement of physical space or geographical layout to optimize operations, usually in the context of organizational facilities or urban planning.