In 2009, Albania exported $340 million and imported products valued at $1.5 billion. Albania would exhibit which of the following?
A) a negative balance of trade
B) a negative trade deficit
C) an unfavourable balance of trade
D) a negative balance of payment
Correct Answer:
Verified
Q17: The Ford Motor Company has invested $6
Q18: Which of the following is one of
Q19: A country that exports more goods than
Q20: What are some of the challenges that
Q21: Which of the following represents the value
Q23: When a country can produce and sell
Q24: Romania has imports of $16.7 billion and
Q25: The balance of payments is the summary
Q26: Which of the following represents the total
Q27: The balance of payments is the summary
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