A Country Sells More to Foreign Countries Than It Buys

question 113

Multiple Choice

A country sells more to foreign countries than it buys from them. It has

• A) a trade surplus and positive net exports.
• B) a trade surplus and negative net exports.
• C) a trade deficit and positive net exports.
• D) a trade deficit and negative net exports.

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Definitions:

Reactance

A stimulating response to proposals, individuals, regulations, or norms that challenge or remove certain freedoms of behavior.

Cognitive Dissonance

The psychological discomfort experienced by an individual who holds two or more contradictory beliefs, ideas, or values at the same time.

Social Comparison

The process by which individuals evaluate their own abilities, achievements, and emotional states in relation to others.

Opponent Processes

A theory suggesting that emotions are regulated by mechanisms that operate in opposition to each other, helping to explain emotional contrasts.