A country has a trade surplus when
A) its exports exceed its imports.
B) its exports equal its imports.
C) its government spending exceeds its tax revenues.
D) its exports are less than its imports.
Correct Answer:
Verified
Q2: If Mexico has a exports of 40
Q3: A country's trade is balanced when
A) its
Q4: When a nation's exports exceed its imports,
Q5: Until the 1970s, the United States generally
Q6: In the mid-1970s, the United States switched
Q7: When a nation's net exports are equal
Q8: If a country has a trade surplus
Q9: If a country has a trade deficit
Q10: A country has a trade deficit when
A)
Q11: When a nation's exports are less than
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