Solved

Suppose Only Two Countries Existed

Question 230

Multiple Choice

Suppose only two countries existed. Country A imported $200 million worth of goods and services from country B. Country B imported $100 million worth of goods and services from country A. Net exports for country _____ equal _____.


A) A; $200 million
B) B; $200 million
C) A; -$100 million
D) B; -$100 million

Correct Answer:

verifed

Verified

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

Related Questions

Q31: If, during 2011, the Republic of Sildavia

Q57: Boeing buys $3 million worth of steel,

Q61: Government economists have adopted the _ method

Q226: Flows of money, goods and services, and

Q227: The aggregate price level is the average

Q228: Use the following to answer questions :<br>Figure:

Q231: Use the following to answer questions :<br>Table:

Q232: Which of the following is considered to

Q233: The largest component of U.S. GDP is

Q235: Households supply resources in the factor markets.