We've found 9 Balance Of Trade tests

AP World History Art Appreciation Art History Art of Asia Balance Of Trade Physical Geography Renewable Energy Sources World Geography
Art History – Prehistoric and Ancient Art:World Art Before 1400 – Flashcards 50 terms
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Joan Grant
50 terms
Balance Of Trade Gold And Silver World History
Chapter 13 World History SG – Flashcards 31 terms
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Sarah Adrian
31 terms
Balance Of Trade Development Geography Economics Occupational Safety And Health Act Per Capita Income Principles Of Economics: Macroeconomics Principles Of Economics: Microeconomics
Standard of Living/ Economics – Flashcards 35 terms
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Patricia Harrah
35 terms
AP European History AP World History Articles Of Confederation Balance Of Trade Civics
Civics and Economics NC Final Exam Review – Flashcards 259 terms
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Ruth Blanco
259 terms
Balance Of Trade Colonialism Cuba And The Philippines Fundamental Orders Of Connecticut Gold And Silver Goods And Services
8th Grade Social Studies STAAR Facts – Flashcards 143 terms
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Bernice Cooper
143 terms
Balance Of Trade Business Business Law Business Management International Business International Marketing Japan And Germany
BUS X 100 2 Global Business – Flashcards 11 terms
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Lesly Nixon
11 terms
Balance Of Trade Business Management Ethical Dilemmas In Business Foreign Direct Investment Goals And Objectives Management Principles Of Marketing Safe Work Environment
MGMT 1: Chapter 3 – Flashcards 30 terms
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Sabrina Peterson
30 terms
Balance Of Trade Business Business Management Principles Of Marketing
Mie 201 Chapter 6 questions – Flashcards 19 terms
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Sienna Rogers
19 terms
Balance Of Trade Business Business Management International Economics International Marketing
POBF: Intro to Business: Chapter 3 – Business in the Global Economy – Flashcards 22 terms
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Patrick Thompson
22 terms
An unfavorable balance of trade occurs when
imports are greater than exports
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A favorable balance of trade occurs when the value of:
the value of the dollar is greater than the value of the euro.
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The balance of trade is the difference between the monetary cost of the ______________ that a nation exports and the monetary cost of what it imports.
Goods and Services
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An unfavorable balance of trade occurs when A. exports equal imports. B. the total outflow of money is greater than the total inflow of money. C. the total outflow of money is less than the total inflow of money. D. imports are greater than exports. E. exports are greater than imports.
D. imports are greater than exports.
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One argument for protectionism is that it A helps defend a nation’s political security. B creates a more loyal and hardworking domestic workforce. C strengthens the economy by encouraging a balance of trade. D instills a sense of nationalism, which in turn protects economic stability. E lowers prices for domestic consumers.
A helps defend a nation’s political security.
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what is meant by a ‘favorable balance of trade’?
selling more goods abroad than were imported
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What is meant by the balance of trade?
It is a measure of the difference between exports and imports.
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What is the Balance of Trade
A nation’s balance of trade = exports – imports.
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What is the Definition of Balance of Trade Deficit
A nation that imports more than exports will have a trade deficit.
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What is the definition of Balance of Trade surplus
A nation that exports more than imports will have a trade surplus.
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