Multiple Choice
Suppose that the national savings in an economy is $50 billion and total investment $60 billion.The country should have
A) a trade deficit in the amount of $110 billion.
B) a trade surplus in the amount of $110 billion.
C) a trade deficit in the amount of $10 billion.
D) a trade surplus in the amount of $10 billion.
Correct Answer:
Verified
Correct Answer:
Verified
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