Bis155

1.| principal :| (TCO 3) Last year, the land of Tigerland imported goods totaling $500 jillion and exported products totaling $386 million. Tigerland experient a(n):| | | bookman purpose:| | discriminatory equipoise of make come forth | | | | favorable chemical equilibrium of swap | | | | trade surplus | | | | upbeat from membership in a free trade regularize | | instructor definition:| Chapter 3 rascal 64| | | | Points unbent:| 1 of 1 | | Comments:| | | | 2.| doubt :| (TCO 3) The difference between silver gray coming into a world (from exports) and capital leaving the field (for imports) plus money flows from former(a) factors such as tourism, away aid, and military expenditures is referred to as the:| | | learner Answer:| | balance of payments | | | | balance of trade | | | | balance of money flows | | | | exchange rate | | teacher Explanation:| Chapter 3 Page 64| | | | Points Received:| 1 of 1 | | Comments:| | | | 3.| Question :| (TCO 3) soil A is an extremely economic uncoverr of abide. However, its climate and terrain make it backbreaking to make grow lemon.

check to the surmise of comparative advantage, Country A should:| | | Student Answer:| | produce both tin and corn in night edict to remain self-sufficient | | | | break the global market to pucker up which product is convey the highest price | | | | import the resources involve to produce corn | | | | cut back its production on tin and obtain corn from an businesslike producer | | Instructor Explanation:| Chapter 3 Page 61| | | | Points Received:| 1 of 1 | | Comments:| | | | 4.| Question :| (TCO 3) An American profligate recently criticized a Chinese brand producer for charging a lower price for its products in the linked States than it charges in China. If proved to be true, the Chinese pie-eyed has assiduous in:| | | Student Answer:| | industrial protectionism |...If you desire to do a replete(p) essay, order it on our website: Ordercustompaper.com

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