Multiple Choice
If Saudi Arabia had negative net exports last year,then it
A) sold more abroad than it purchased abroad and had a trade surplus.
B) sold more abroad than it purchased abroad and had a trade deficit.
C) bought more abroad than it sold abroad and had a trade surplus.
D) bought more abroad than it sold abroad and had a trade deficit.
Correct Answer:

Verified
Correct Answer:
Verified
Q29: If domestic residents of other countries purchase
Q30: A country's saving is greater than its
Q31: One year a country has negative net
Q31: If a country has Y > C
Q32: A Swiss watchmaker opens a factory in
Q33: If a country has net exports of
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
Q115: Suppose that real interest rates in the