Solved

If Country X Has a GDP of $1 Trillion and Exports

Question 100

Multiple Choice

If country X has a GDP of $1 trillion and exports $200
Billion to country Y and imports $300 billion from country
Y, then its bilateral trade balance with country Y is:


A) -$100 billion.
B) $100 billion.
C) $500 billion.
D) 50%.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions