If net exports are negative, the country has a:
A) trade deficit
B) trade surplus
C) trade balance
D) budget surplus
Correct Answer:
Verified
Q23: When an Australian exporter sells software to
Q24: An open economy's GDP is shown by:
A)Y
Q25: Net foreign investment measures:
A)foreign assets held by
Q26: The real exchange rate is the:
A)domestic price
Q28: When a United States oil company purchases
Q29: A country's balance on merchandise trade equals:
A)the
Q30: If the nominal exchange rate is e,
Q31: If the exchange rate changes from 100
Q32: Net exports of a country are:
A)the same
Q63: A trade surplus occurs when:
A)exports exceed imports.
B)imports
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