A country with a trade surplus is:
A) consuming more than it produces.
B) producing more than it consumes.
C) producing up to the level of desired consumption.
D) consuming up to the level of potential production.
Correct Answer:
Verified
Q29: A weak dollar would pose a potential
Q30: A trade surplus occurs when:
A)imports exceed exports,
Q31: For most countries, international goals are generally:
A)much
Q32: Which of the following is not one
Q33: In 2015 the euro depreciated more than
Q35: A weaker dollar would be a good
Q36: A weaker dollar would be a good
Q37: Over the last 30 years, the value
Q38: A rising exchange rate raises U.S. living
Q39: Which of the following best explains a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents