In equilibrium in the above private open economy:
A)imports exceed exports.
B)net exports are a positive amount.
C)a balance of payments surplus exists.
D)exports exceed imports.

Question

In equilibrium in the above private open economy:
A)imports exceed exports. 
B)net exports are a positive amount. 
C)a balance of payments surplus exists. 
D)exports exceed imports.

Quizplus · Accepted Answer

The Answer of  In equilibrium in the above private open economy:
A)imports exceed exports. 
B)net exports are a positive amount. 
C)a balance of payments surplus exists. 
D)exports exceed imports.

In Equilibrium in the Above Private Open Economy