Multiple Choice
A favorable balance of trade occurs when the value of
A) imports equals the value of exports.
B) the cash inflows equals the value of the cash outflows.
C) imports is less than the value of exports.
D) the dollar is greater than the value of the euro.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q206: Japanese automobile producers sold more of their
Q207: With GDP of over $658 billion, the
Q208: Absolute advantage is the basis for most
Q209: For a firm to be considered a
Q210: Firms with a physical presence in several
Q212: If two nations have a trade dispute,
Q213: A country has an absolute advantage if
Q214: Sociocultural differences that affect global businesses include
Q215: Why does it make sense to trade
Q216: Which of the following represents the value