Purchases of foreign assets by domestic firms or households is called a:
A) trade surplus.
B) trade deficit.
C) capital outflow.
D) capital inflow.
Correct Answer:
Verified
Q71: A trade deficit occurs when:
A)exports exceed imports.
B)imports
Q72: Net capital inflows equal:
A)capital inflows minus capital
Q73: Net exports plus net capital inflows equal:
A)net
Q74: From the point of view of a
Q75: When imports exceed exports there is a(n):
A)output
Q77: When a U.S. restaurant purchases French wine
Q78: When the Chinese government buys U.S. government
Q79: The value of exports minus the value
Q80: When exports exceed imports there is a(n):
A)output
Q81: An economy with a trade surplus must
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