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At One Time, It Was Believed That the Way for a Nation

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Essay

At one time, it was believed that the way for a nation to prosper was to export as much as possible while importing as little as possible. More money would flow into a country than out of a country. Is this really a sound economic strategy? What is the relationship between exports and imports?


Definitions:

Aggressively

Behaving or proceeding in a forceful or assertive manner, often with the intention to dominate or control.

Nonjudgmental

Refers to an attitude or approach that avoids making premature judgements or evaluations, typically in the context of understanding or interacting with others.

Assertive

Being confident without being aggressive; to express one's needs, desires, or opinions in a respectful and clear manner.

Aggressive

Expressing one’s interests while denying the rights of others by blaming, judging, and evaluating other people.

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