A trade surplus means:
A) the country has positive net savings, which it lends abroad.
B) the country has negative net savings, which it lends abroad.
C) the country has positive net savings, which it borrows from abroad.
D) the country has negative net savings, which it borrows from abroad.
Correct Answer:
Verified
Q7: When a country's export spending exceeds import
Q8: Domestic currency depreciation will:
A)help domestic firms that
Q9: A trade deficit means:
A)the country has positive
Q10: The current flows of goods,services,investment income,and unilateral
Q11: The difference between nominal and real exchange
Q13: As a currency depreciates:
A)exports increase and imports
Q14: In January 2001,the euro/dollar exchange rate was
Q15: An index of the weighted exchange value
Q16: In February 2002,the euro/dollar exchange rate was
Q17: A record of all transactions between residents
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