A favorable balance of trade exists when a country:
A) imports more than it exports.
B) exports more than it imports.
C) has more debt liabilities than assets.
D) spends more than it saves.
E) saves more than it spends.
Correct Answer:
Verified
Q6: Exporting is the purchase of products from
Q17: Direct investment gives lesser power and is
Q19: Sociocultural differences,such as variations in body language
Q21: The country of Southernberg is the only
Q23: _ is the transferring of manufacturing or
Q24: Multinational corporations (MNCs)are often criticized on the
Q26: A negative balance of trade exists when
Q27: The International Monetary Fund promotes trade among
Q27: Which of the following terms can be
Q78: Companies doing business internationally have traditionally used
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