If Allan lives in Boston and decides to buy a pair of hockey skates from Canada for $100,and the Canadian he bought them from buys a baseball hat and jersey for $100 from Boston,then the U.S.:
A) net exports and net capital outflow are both zero.
B) net exports and net capital outflow both equal -$100.
C) net exports is zero and net capital outflow is -$100.
D) net exports equals -$100 and net capital outflow is zero.
Correct Answer:
Verified
Q33: In general, the accounting of trade in
Q47: People in an open economy who wish
Q57: China's high net exports must be balanced
Q59: The income-expenditure identity for a closed economy
Q64: In the market for loanable funds in
Q65: NCO plus domestic investment forms the:
A) demand
Q65: When interest rates in the U.S.decline,we can
Q67: When Sam in San Francisco buys stock
Q70: When Dave in Detroit, MI buys stock
Q75: When Wilma in Wisconsin buys stock in
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