If Allan Lives in Boston and Decides to Buy a Pair

question 70

Multiple Choice

If Allan lives in Boston and decides to buy a pair of hockey skates from Canada for $100, and the Canadian he bought them from buys a baseball hat and jersey for $100 from Boston, then the U.S. next exports:

• A) and net capital outflow are both zero.
• B) and net capital outflow both equal −$100.
• C) is zero and net capital outflow is −$100.
• D) equals −$100 and net capital outflow is zero.

---

Definitions:

Simonides

Simonides was an ancient Greek lyric poet, credited with significant contributions to the mnemonics field, particularly the method of loci, an effective memory enhancement technique.

Method Of Loci

A mnemonic technique that involves associating items to be remembered with physical locations.

Pegword Method

A mnemonic device that involves linking words with numbers to create vivid mental images, making it easier to remember lists or sequences.

Mnemonic Technique

A method or strategy used to enhance memory and facilitate information recall.