Multiple Choice
A favorable balance of trade exists when a country:
A) imports more than it exports.
B) exports more than it imports.
C) has more debt liabilities than assets.
D) spends more than it saves.
E) saves more than it spends.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q35: Which is the true statement about managing
Q36: Absolute advantage exists when a country is
Q37: The U.S.set up maquiladoras in China.
Q38: Which of the following is an international
Q39: A negative balance of trade exists when
Q41: _ is the transferring of manufacturing or
Q42: Spalding hires an Asian company to produce
Q43: DMC Inc.,headquartered in California,USA,was looking for a
Q44: The purchase of overseas production and marketing
Q45: A nation's _ can be best defined