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:

Verified
Correct Answer:
Verified
Q31: If a country has Y > C
Q35: Net capital outflow<br>A)is always greater than net
Q36: A country has net capital outflow of
Q38: A Portuguese company exchanges euros for $60,000
Q41: Other things the same,a country could move
Q42: If Spain has a trade deficit,then<br>A)foreign countries
Q43: Bob traps lobsters in Maine and sells
Q44: If a U.S.textbook publishing company sells texts
Q45: Other things the same,if a country saves
Q115: Suppose that real interest rates in the