Multiple Choice
Peru has exports of $31.5 million and imports of $30 million.Peru
A) sells more overseas then it buys from overseas;it has a trade deficit.
B) sells more overseas then it buys from overseas;it has a trade surplus.
C) buys more from overseas then it sells overseas;it has a trade deficit.
D) buys more from overseas then it sells overseas;it has a trade surplus.
Correct Answer:

Verified
Correct Answer:
Verified
Q78: Net exports of a country are the
Q149: If Norway sold more goods and services
Q150: Which of the following is always correct?<br>A)Y
Q151: A country has $100 million of net
Q152: During some year a country had exports
Q155: If a country has a trade deficit
Q156: A Turkish company exchanges liras for dollars
Q157: A nation has a positive net capital
Q158: Other things the same,if a country has
Q159: The increase in international trade in the