Whenever the value of a nation's exports is more than the value of its imports, the nation has:
A) a trade deficit.
B) a trade surplus.
C) balanced trade.
D) a trade balance.
Correct Answer:
Verified
Q28: Why should the recorded U.S.-Chinese bilateral trade
Q29: What entries are used to calculate a
Q30: How does one determine the "value-added" of
Q31: What nations have the world's highest volume
Q32: Merchandise trade among European countries accounted for
Q34: Whenever the value of a nation's exports
Q35: How has China explained its growing bilateral
Q36: Intel, an American company, has manufacturing plants
Q37: Jane Ferlengeti, a U.S. citizen, purchases a
Q38: A bilateral trade balance is:
A) half 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