What Do We Know for Certain About the Various Factors

question 27

Multiple Choice

What do we know for certain about the various factors in the Drake equations?

• A) that none of them can be equal to 1
• B) that at least one of them must be equal to 0
• C) that at least one of them must be equal to 1
• D) that none of them can be equal to 0

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Definitions:

GATT Agreement

The General Agreement on Tariffs and Trade; a legal agreement between many countries whose overall purpose was to promote international trade by reducing or eliminating trade barriers such as tariffs or quotas.

WTO

The World Trade Organization, an international body that deals with the rules of trade between nations, aiming to ensure that trade flows smoothly, predictably, and freely.

Trade Barriers

Restrictions imposed by a government on international trade, such as tariffs, quotas, and import bans, to protect domestic industries.

Negative Balance of Trade

A situation where a country's imports of goods and services exceed its exports, resulting in a trade deficit.