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    Principles of Macroeconomics Study Set 8
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    Exam 18: Open Economy Macroeconomics Basic Concepts: The International Flows of Goods and Capital
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    If a Country Had a Trade Deficit of $10 Billion
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If a Country Had a Trade Deficit of $10 Billion

Question 77

Question 77

Multiple Choice

If a country had a trade deficit of $10 billion and then its exports rose by $20 billion and its imports rose by $10 billion,its net exports would now be


A) $0
B) $10 billion.
C) -$10 billion.
D) -$20 billion.

Correct Answer:

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