Solved

If a Country Buys More Goods and Services Than It

Question 57

Multiple Choice

If a country buys more goods and services than it sells over a specified period of time,it has a _____.

A) trade surplus
B) trade deficit
C) unfavorable balance of payments
D) favorable balance of trade

Related Questions

Q52: When researching global business opportunities,firms must grasp

Q53: Yokahama Sports Equipment Ltd. is a successful

Q54: Yokahama Sports Equipment Ltd. is a successful

Q55: Basically,nations trade:<br>A)because most nations tend to have

Q56: According to some experts,American businesspeople are at

Q58: High domestic _ costs have made international

Q59: The _ prohibit(s)the distribution of bribes and

Q60: _ is not one of the purposes

Q61: As a U.S.farmer who receives a subsidy,you're

Q62: Because the small Mideastern country of Asiana