If a country sells more goods and services abroad than it purchases abroad, it has positive net exports and a trade surplus.
Correct Answer:
Verified
Q8: Reduced barriers to trade help explain an
Q9: A rational investor will always purchase the
Q10: By itself, if a U.S. firm builds
Q11: By itself, when a Japanese bank purchases
Q12: Over the past six decades, the U.S.
Q14: U.S. exports make up less than 20
Q15: If a country's net exports fall, then
Q16: For an economy as a whole, net
Q17: If purchases of foreign assets by U.S.
Q18: Net capital outflow is the purchase of
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