Author Question: In economic terms, the balance of trade is a. total exports plus total imports. b. total imports ... (Read 109 times)

clmills979 · **on:** Sep 4, 2018

In economic terms, the balance of trade is

a. total exports plus total imports.
b. total imports minus total exports.
c. total imports plus total exports.
d. total exports minus total imports.

Question 2

In contrast to the liberal emphasis on cooperation, realism highlights the situation in which one side can gain only at the expense of another. This relationship is called

a. rational action.
b. comparative advantage.
c. zero-sum game.
d. positive-sum game.