A country has a trade surplus when
A) imports exceed exports.
B) imports equal exports.
C) exports exceed imports.
D) imports equal zero.
Correct Answer:
Verified
Q8: A country is said to be experiencing
Q30: Data on exports and imports for the
Q31: U.S.exports are goods and services
A)produced abroad and
Q32: Before World War II,the average level of
Q33: A country is said to be experiencing
Q34: Critics of the government's fiscal policies argued
Q36: A central bank is an institution that
A)pays
Q37: An economy that doesn't interact economically with
Q38: The peak in U.S.government spending as a
Q40: A country has a trade deficit when
A)imports
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