If a country has a trade surplus, we can conclude that it also has a:
A) budget surplus.
B) net capital outflow.
C) net capital inflow.
D) budget deficit.
Correct Answer:
Verified
Q40: In a closed economy, national savings equals
Q41: Assume that I = SPrivate + SGovernment
Q42: Which statement is CORRECT?
A) The budget deficit
Q43: Capital inflow equals:
A) GDP plus exports minus
Q44: Taxes equal:
A) government spending plus private savings.
B)
Q46: In an open economy, government spending was
Q47: Capital inflow into a country is associated
Q48: Use the following to answer questions:
Q49: Suppose that there is no trade and
Q50: Use the following to answer questions:
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