Multiple Choice
A trade surplus is when
A) imports are greater than exports of goods and services.
B) exports are greater than imports of goods and services.
C) imports are equal to exports of goods and services.
D) there is a positive net inflow of foreign capital.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q4: A decrease in the dollar price of
Q10: Which of the following helps explain why
Q23: A positive nominal interest rate indicates<br>A) how
Q46: Why do we use two supply curves
Q47: Falling interest rates cause the market value
Q90: As the real interest rate in the
Q91: In the short run, an unexpected increase
Q101: As prices rise, people will buy fewer
Q204: As the U.S. price level rises relative
Q215: Imagine that there are only two nations