If a nation's exports are $55 billion, while its imports are $50 billion, we can conclude with certainty that this nation is experiencing a
A. balance of trade surplus.
B. balance of payments surplus.
C. positive balance on current account.
D. positive balance on capital account.
A. balance of trade surplus.
Economics
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The Federal Reserve pursued an expansionary monetary policy during 1964 in order to
A) pull the United States out of a deep recession. B) counteract the effects of a deep cut in federal income taxes. C) keep interest rates from rising. D) bring down the inflation rate.
Economics
The higher the interest rates
a. the more value individuals place on future dollars b. the more value individuals place on current dollars c. individuals do not place any importance on either current or future dollars d. does not affect the investment strategy
Economics