When a Nation Exports a Good,its ________ Surplus Increases,and When

question 22

Multiple Choice

When a nation exports a good,its ________ surplus increases,and when it imports a good,its ________ surplus increases.

• A) total; total
• B) consumer; consumer
• C) producer; producer
• D) producer; consumer
• E) total; consumer

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Definitions:

Reference Source

Materials or resources used to obtain information or data to support arguments, theories, or ideas.

Internal Locus

Refers to the belief that one's own actions or choices directly influence the outcomes in their life, as opposed to external forces.

Situational Factor

External influences that can impact consumer behavior or the outcome of marketing decisions at a given time.

Functional Needs

The basic requirements that products or services must meet to be considered useful and satisfactory by consumers.