A favorable balance of trade occurs when
A) merchandise exports are greater than merchandise imports
B) merchandise imports are greater than merchandise exports
C) international trade is an increasing share of total output
D) the balance on capital account equals the balance on current account
E) unilateral transfers are positive
Correct Answer:
Verified
Q136: Import controls that can help a government
Q137: When the government is the sole depository
Q138: When a country goes to the IMF
Q139: If you compare the balance of payments
Q140: The balance of trade for Ireland is
Q142: Which of the following is an example
Q143: When a Japanese automaker makes a profit
Q144: Historical note: Until 1975, the United States'
Q145: Since 1975, the United States' balance of
Q146: The unilateral transfers category in the current
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