A Favorable Balance of Payments Means That

question 38

Multiple Choice

A favorable balance of payments means that

• A) exports exceed imports.
• B) imports exceed exports.
• C) payments exceed trade.
• D) exports and other payments exceed imports and other receipts.
• E) total receipts exceed total payments.

Understand the advantages and disadvantages of various international business strategies.

Recognize the role of gender egalitarianism in international business settings and its reflection on global leadership behaviors.

Understand that correlation does not imply causation.

Recognize the elements that contribute to the external validity of correlational research.

---

Definitions:

Brand Name

A name given by the maker to a product or range of products, especially a trademark.

Market Efficiency

A concept in financial economics that suggests that asset prices fully reflect all available information, meaning investors cannot consistently achieve higher returns on a risk-adjusted basis.

Advertising

A form of marketing communication used to promote or sell a product, service, or idea to potential customers.

Celebrity Advertising

A marketing strategy that uses the fame of a celebrity to promote products or services.