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In 2007, Franceʹs Exports Totaled $490 Billion and Its Imports

Question 194

Multiple Choice

In 2007, Franceʹs exports totaled $490 billion and its imports totaled $529 billion.As a result ,the
i. rest of the world supplies funds to France.
ii. quantity of loanable funds in France is less than the supply.
iii. Ricardo-Barro effect occurs in France.


A) i only.
B) i, ii and iii.
C) ii and iii only.
D) i and ii.

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