The trade balance is
A) the services balance plus the current account balance plus the capital account balance
B) merchandise exports minus merchandise imports
C) the current account balance plus the capital account balance
D) foreign purchases of domestic assets minus domestic purchases of foreign assets
E) the services balance plus the capital account balance
Correct Answer:
Verified
Q12: The balance of goods and services is
A)the
Q13: A nation has an unfavorable balance of
Q14: The merchandise trade balance measures
A)the value of
Q15: In 2011, the United States balance of
Q16: The balance of payments summarizes the transactions
Q18: The balance of payments always balances, because
Q19: The merchandise trade balance
A)reflects trade in intangibles
Q20: The merchandise trade balance does not include
A)exports
Q21: Net unilateral transfers in the United States
Q22: When an American buys a Swedish financial
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