An improvement in a country's balance of payments means a decrease in its balance of payments deficit, or an increase in its surplus. In fact we know that a surplus in a balance of payments
A) is always beneficial.
B) is usually beneficial.
C) is never harmful.
D) is sometimes harmful.
E) is always harmful.
D
Economics
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A leftward shift of a supply curve is called a(n)
a. decrease in demand b. increase in supply c. decrease in supply d. increase in quantity supplied e. decrease in quantity supplied
Economics
In reaction to the passage of the Smoot-Hawley Tariff, Canada as well as many other U.S. trading partners
A) enacted large increases in tariffs on U.S. imports. B) eliminated tariffs on U.S. imports. C) refused to export any products to the United States. D) refused to import any products from the United States.
Economics