Ivan,a Russian citizen,sells several hundred cases of caviar to a restaurant chain in the United States.By itself,this sale
A) increases U.S.net exports and has no effect on Russian net exports.
B) increases U.S.net exports and decreases Russian net exports.
C) decreases U.S.net exports and has no effect on Russian net exports.
D) decreases U.S.net exports and increases Russian net exports.
Correct Answer:
Verified
Q2: International trade
A)raises the standard of living in
Q4: If U.S.imports total $100 billion and U.S.exports
Q6: One year a country has negative net
Q9: Mike,a U.S.citizen,buys $1,000 worth of cheese from
Q10: The value of Peru's exports minus the
Q11: Clear Brook Farms,a U.S.manufacturer of frozen vegetarian
Q26: Sonya, a citizen of Denmark, produces boots
Q30: Oceania buys $40 of wine from Escudia
Q32: Suppose a country had $2.4 billion of
Q136: Net exports of a country are the
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