True/False
If a country's exports totalled $8 billion and its imports totalled $12 billion, then the country's balance of trade would be a surplus of $4 billion.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q111: Why might a company decide not to
Q118: The CEOs of Company A and B
Q188: Which of the following constitutes the best
Q189: When Walmart was forced to stop refunding
Q190: The first decision in determining whether a
Q191: Canada ranks first among the G8 countries
Q193: The comparative advantage form of competitive advantage
Q194: Which of the following is true about
Q195: If the Mexican government puts a limit
Q197: International trade improves peoples' standard of living,