A USbakery Buys Wheat from Canada and Pays for It with with US

question 14

Multiple Choice

A U.S.bakery buys wheat from Canada and pays for it with US dollars.This transaction

• A)increases Canadian net exports,and increases U.S.net capital outflow.
• B)increases Canadian net exports,and decreases U.S.net capital outflow.
• C)decreases Canadian net exports,and increases U.S.net capital outflow.
• D)decreases Canadian net exports,and decreases U.S.net capital outflow.

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Definitions:

Cultural Norms

The shared expectations and rules that guide behavior of people within social groups.

Unequally Shared

Describes a situation where resources, responsibilities, or benefits are distributed disproportionately among members of a group.

Learned Beliefs

Convictions or opinions that are acquired through experiences, education, or social interactions.

Values

Core beliefs or principles that guide behavior and decision-making.