A Trade Surplus Occurs If Imports Are Greater Than Exports

question 26

True/False

A trade surplus occurs if imports are greater than exports.

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Definitions:

Employment Discrimination

The unfair treatment of employees based on race, gender, religion, age, disability, or sexual orientation rather than job performance.

Profit Motive

The intention or incentive to achieve financial gain in business or commerce, often seen as the primary driving force behind economic activities.

Productive Female

An individual female who contributes significantly to productivity, often in the context of work or reproduction.

Earnings Differentials

The variations in pay that result from differences in occupation, education, experience, gender, or other factors among workers.