Solved

A Surplus in a Country's Trade Balance Means That

Question 18

Multiple Choice

A surplus in a country's trade balance means that:


A) net exports exceed transfer payments.
B) the country's currency is over-valued.
C) the value of net exports is positive.
D) imports into the country exceed exports.
E) domestic savings exceeds domestic investment.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions