The current account surplus is not
A) the trade balance.
B) the excess of national savings over investment.
C) private saving less government deficit.
D) output less taxes and trade deficit.
E) the negative of the current account deficit.
Correct Answer:
Verified
Q15: GATT is
A) the Government Agreement on Trade
Q16: The national present-value budget constraint states that
A)
Q17: International trade has increased for which of
Q18: The following are all trade agreements:
A) ECB,
Q19: International trade has increased for which of
Q21: In the two-period SOE model, if the
Q22: In a two-period model with default, if
Q23: Absorption refers to
A) the quantity of imports
Q24: In a two-period SOE model, holding everything
Q25: The key effect of the current account
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