Multiple Choice
If a country has saving of $2 trillion and investment of $1.5 trillion,then it has
A) a trade surplus and its net capital outflow = $.5 trillion.
B) a trade surplus and its net capital outflow = -$.5 trillion.
C) a trade deficit and its net capital outflow = $.5 trillion.
D) a trade deficit and its net capital outflow = -$.5 trillion.
Correct Answer:
Verified
Correct Answer:
Verified
Q15: From 1960 to about 1980 the net
Q16: Net exports measures the difference between a
Q17: A U.S.purchase of oil from overseas paid
Q18: If a county has 25 billion euros
Q19: A Texas ranch sells beef to a
Q21: Over the past five decades,the U.S.economy has
Q22: If U.S.consumers decrease their demand for cell
Q23: If a country has a trade surplus<br>A)it
Q24: If a country has a trade deficit<br>A)it
Q25: A Swiss company sells chocolates to a