The country Artesia exported products totaling $86 billion last year.During the year,Artesia imported products valued at $43 billion.Artesia has a(n) ________.
A) exchange rate of 2 to 1
B) trade deficit of $43 billion
C) trade surplus of $43 billion
D) unfavorable balance of payments
Correct Answer:
Verified
Q25: Assume a nation has a comparative advantage
Q36: A country has a good chance of
Q45: A Japanese insurance company purchases U.S. government
Q47: _ and _ form the basis for
Q47: Which of the following would result from
Q48: The United States has a trade surplus
Q49: Which of the following statements is true
Q60: Last year, the United States imported less
Q68: Maria is the Middle Eastern sales manager
Q68: In recent years, the value of 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