Goods and services purchased by Americans from foreign sources:
A) Are classified as imports.
B) Decrease the trade deficit,ceteris paribus.
C) Increase the size of GDP.
D) Represent 35 percent of GDP.
Correct Answer:
Verified
Q4: Which of the following does the United
Q5: Exports:
A) Are goods and services sold to
Q6: Goods and services sold to foreign sources
Q7: Goods and services purchased from foreign sources
Q8: Exports account for approximately _ percent of
Q10: Which of the following countries has the
Q11: Which of the following countries has the
Q12: The trade balance is found by calculating:
A)
Q13: If the United States has a trade
Q14: Which of the following countries has the
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