Multiple Choice
The accompanying table contains hypothetical data for the U.S. balance of payments in a year. All figures are in billions of dollars. The data indicate that there was a trade
A) deficit in goods and also a trade deficit in services.
B) surplus in goods and also a trade surplus in services.
C) deficit in goods and a trade surplus in services.
D) surplus in goods and a trade deficit in services.
Correct Answer:

Verified
Correct Answer:
Verified
Q67: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8602/.jpg" alt=" The accompanying table
Q68: Which of the following combinations is plausible,
Q69: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8602/.jpg" alt=" The table contains
Q70: Mainly because of large current account deficits,
Q72: The purchase of a foreign hotel by
Q73: The U.S. often has a significant surplus
Q74: If the exchange rate between the U.S.
Q75: One of the consequences of the U.S.
Q76: Under the managed floating system of exchange
Q257: In the dollar-euro market, an increased demand