After a Nation Starts Importing a Good from Overseas,the Domestic

question 99

Multiple Choice

After a nation starts importing a good from overseas,the domestic price of the good

• A) falls.
• B) stays the same.
• C) rises.
• D) might change, but more information about what the country exports is needed to determine if the price rises, falls, or does not change.
• E) might change, but more information about what else the country imports is needed to determine if the price rises, falls, or does not change.

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Definitions:

Hierarchy Of Needs

A theory in psychology proposed by Abraham Maslow that posits a five-tier model of human needs, ranging from basic (physiological) to more complex (self-actualization) needs.

Abraham Maslow

An American psychologist known for creating Maslow's hierarchy of needs, a theory of psychological health predicated on fulfilling innate human needs.

Arousal Theory

A theory of motivation that suggests people seek to maintain an optimal level of arousal, not too high or too low, for optimal performance.

Instinct

An innate, typically fixed pattern of behavior in animals in response to certain stimuli, not learned through experience.