Which global perspective on world trade views exports and imports as complementary economic flows?
A)the balance of trade
B)quotas
C)the trade feedback effect
D)the competitive advantage of nations
E)tariffs

Question

Quizplus · Accepted Answer

The trade feedback effect is the perspective that views exports and imports as complementary economic flows, with the success of one leading to increased demand for the other. It highlights the interconnectedness of countries in the global market and the importance of trade for facilitating economic growth and development. The other choices, such as balance of trade, quotas, competitive advantage of nations, and tariffs, do not necessarily see exports and imports as complementary economic flows.

Which Global Perspective on World Trade Views Exports and Imports