Brandon is considering buying a used car but he first downloads a report from the internet that shows the history of accidents and major repairs conducted on the car. This action is called

The difference between exports and imports in GDP is called

A) import tariffs. B) net exports. C) net imports. D) gross imports.

Cole was discussing the market for cocoa beans with his friend John Schmidt

Cole said, "Ever since Venezuela announced that its cocoa harvest was its lowest ever in fifteen years, the price of cocoa beans has been rising and rising and people are buying more and more. I think the demand for cocoa beans must be upward sloping." Is Cole right? Briefly explain why or why not.