Multiple Choice
The balance of trade is defined as
A) the difference between the balance of the current account and the balance of the capital account.
B) the difference between the value of the goods and services a country exports and the value of the goods and services a country imports.
C) the difference between the value of the goods a country exports and the value of the goods a country imports.
D) the difference between the balance of the current account and the balance of the financial account.
Correct Answer:
Verified
Correct Answer:
Verified
Q22: When Americans decrease their demand for Japanese
Q23: The current account deficits incurred by the
Q24: When the market value of the dollar
Q25: Figure 18-1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Figure 18-1
Q26: What happens to national saving when the
Q28: When Americans increase their demand for Japanese
Q29: The balance of payments includes which three
Q30: Ceteris paribus,an increase in the government's budget
Q31: If national saving decreases<br>A)the sum of domestic
Q32: Use the saving and investment equation to