Solved

The Value of the Goods and Services Australia Purchases from the U.S.are

Question 40

Multiple Choice

The value of the goods and services Australia purchases from the U.S.are less than the value of goods and services the U.S.purchases from Australia.The U.S.has


A) positive net exports with Australia and a trade surplus with Australia.
B) positive net exports with Australia and a trade deficit with Australia.
C) negative net exports with Australia and a trade surplus with Australia.
D) negative net exports with Australia and a trade deficit with Australia.

Correct Answer:

verifed

Verified

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

Related Questions