A trade deficit means:
A) the country has positive net savings, which it lends abroad.
B) the country has negative net savings, which it lends abroad.
C) the country has positive net savings, which it borrows from abroad.
D) the country has negative net savings, which it borrows from abroad.
Correct Answer:
Verified
Q4: Lending abroad represents:
A)a capital outflow.
B)a capital inflow.
C)positive
Q5: Domestic currency appreciation will:
A)help domestic firms that
Q6: As a currency appreciates:
A)exports increase and imports
Q7: When a country's export spending exceeds import
Q8: Domestic currency depreciation will:
A)help domestic firms that
Q10: The current flows of goods,services,investment income,and unilateral
Q11: The difference between nominal and real exchange
Q12: A trade surplus means:
A)the country has positive
Q13: As a currency depreciates:
A)exports increase and imports
Q14: In January 2001,the euro/dollar exchange rate was
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