If a U.S. firm buys Chinese toys using previously obtained Chinese currency, then both U.S. net exports and U.S. net capital outflow decrease.
Correct Answer:
Verified
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
Q20: A country must have a positive net
Q21: A nation with a trade surplus will
Q22: If Walmart buys $50 million worth of
Q23: To increase domestic investment, a country must
Q24: The large trade deficits in the U.S.
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