Multiple Choice
Last year,the nation of Kwansai reported that it had a favourable balance of trade even though it imported $11 billion worth of goods.This indicates that Kwansai:
A) overpriced the value of its exports.
B) exported $11 billion worth of goods.
C) exported more than $11 billion worth of goods.
D) exported less than $11 billion worth of goods.
Correct Answer:

Verified
Correct Answer:
Verified
Q6: A country has an absolute advantage if
Q171: In global markets,no central system of laws
Q173: All of the following are considered when
Q174: Internet usage in many developing countries may
Q175: Granting a foreign company the right to
Q177: Pepsi Cola has entered into a long-term
Q178: Anything that can be imported into Canada
Q179: The Tsingtao Brewing Company pays a fee
Q180: A strategic alliance is a short term
Q181: All of the following are objectives of