Multiple Choice
If a country had a trade deficit of $20 billion and then its exports rose by $7 billion and its imports fell by $10 billion,its net exports would now be
A) $37 billion
B) $3 billion
C) -$3 billion
D) -$37 billion
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q56: From 2000 to 2012 the U.S.had a
Q57: Paul,a Canadian citizen,purchases oranges grown in Florida.This
Q58: In an open economy,gross domestic product equals
Q59: Other things the same,which of the following
Q60: If a country has a trade surplus
Q62: If the price levels in the U.S
Q63: Which of the following equations is correct?<br>A)Y
Q64: A Chinese company exchanges yuan (Chinese currency)for
Q65: After 1980 in the United States,<br>A)national saving
Q66: An Italian company builds and operates a