Which of the Following Statements About the Relationships Between the Domestic

question 7

Multiple Choice

Which of the following statements about the relationships between the domestic and international economy is true?

• A) Domestic sales of goods and services to a foreign nation are always equal to domestic purchases of goods and services from the same nation.
• B) Total goods and services produced and sold domestically by domestic firms plus imports are equal to the total domestic production plus exports.
• C) GDP = GNE + (exports - imports).
• D) Intermediate goods and services purchased by domestic firms from foreign firms are equal to international sales of intermediate goods to foreign firms.

---

Definitions:

Noninterference

A principle or policy of not becoming involved in the affairs of others or not intervening in natural processes.

Alcohol Abuse

The harmful or hazardous use of alcohol, which may lead to social, legal, or health issues.

Role Flexibility

The ability and willingness to adapt and change one's role in various contexts, such as family, work, or social situations, based on circumstances and needs.

Parental Child

A child who has been given responsibilities or a parental role before he or she is emotionally prepared to fill it.