If a trader thinks that the value of yen with respect to the euro is about to fall, which of the following would enable him to make a profit?

Which of the following is true when a country's trade position is balanced (i.e., NX = 0)?

A) Demand for domestic goods is equal to the domestic demand for goods. B) Demand for domestic goods is greater than the domestic demand for goods. C) Demand for domestic goods is less than the domestic demand for goods. D) Neither a budget surplus nor deficit exists (i.e., G - T = 0).

If a product can be produced by a natural monopoly, society will benefit in the form of lower prices if the monopolist is broken up into several smaller firms

a. True b. False Indicate whether the statement is true or false