Multiple Choice
If Germany exports $100,000 of sauerkraut to Jamaica and purchases $100,000 of Blue Mountain coffee beans from Jamaica, Germany has
A) an overall favourable balance of trade.
B) an overall unfavourable balance of trade.
C) a favourable balance of trade with Jamaica.
D) neither a favourable nor an unfavourable balance of trade with Jamaica.
E) an unfavourable balance of trade with Jamaica.
Correct Answer:
Verified
Correct Answer:
Verified
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