In a small open economy, if exports equal $15 billion and imports equal $8 billion, then there is a trade and net capital outflow.

A)deficit; negative
B)surplus; negative
C)deficit; positive
D)surplus; positive

Name: In a small open economy, if exports equal $15 billion and imports equal $8 billion, then there is a trade and net capital outflow. A)deficit; negative B)surplus; negative C)deficit; positive D)surplus; positive
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Question

In a small open economy, if exports equal $15 billion and imports equal $8 billion, then there is a trade and net capital outflow.
 
A)deficit; negative
B)surplus; negative
C)deficit; positive
D)surplus; positive

Quizplus · Accepted Answer

The Answer is D

In a Small Open Economy, If Exports Equal $15 Billion