A country's balance on merchandise trade equals:
A) the value of tariffs less the number of quotas
B) the number of quotas less the value of tariffs
C) the value of exports minus the value of imports
D) the value of imports minus the value of exports
Correct Answer:
Verified
Q24: An open economy's GDP is shown by:
A)Y
Q25: Net foreign investment measures:
A)foreign assets held by
Q26: The real exchange rate is the:
A)domestic price
Q27: If net exports are negative, the country
Q28: When a United States oil company purchases
Q30: If the nominal exchange rate is e,
Q31: If the exchange rate changes from 100
Q32: Net exports of a country are:
A)the same
Q33: The nominal exchange rate is the:
A)nominal interest
Q34: While making investment decisions, investors compare:
A)the real
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