A favorable balance of trade exists when a country
A) imports more than it exports.
B) exports more than it imports.
C) sends out more cash than it takes in.
D) spends more than it saves.
E) saves more than it spends.
Correct Answer:
Verified
Q1: Because Colombia can produce coffee so much
Q3: International business involves the buying,selling,and trading of
Q4: The U.S.has a trade deficit because
A) U.S.companies
Q5: Protective tariffs raise the price of foreign
Q6: Exporting is the purchase of products from
Q7: Nations trade with other nations to obtain
Q8: Because it virtually controls the world's deposits
Q9: The difference between the flow of money
Q10: An absolute advantage exists when a country
Q11: A balance of trade refers to the
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