Which of the following is NOT a deficit item on the international accounts balance sheet for a country?
A) imports of merchandise
B) military spending abroad
C) purchases of foreign currency
D) exports of merchandise
Answer: D
Economics
You might also like to view...
Refer to Table 5.1. Andrea has a comparative advantage in the production of
A) bracelets. B) tiaras. C) both products. D) neither product.
Economics
Pablo must choose among options A, B, and C. Option A gives him $10,000 for sure. Option B gives him $4,000 with probability 0.5 or $16,000 with probability 0.5. Option C gives him $8,000 with probability 0.5 or $12,000 with probability 0.5
If he receives diminishing marginal utility from wealth, Pablo will A) choose option A. B) choose option B. C) choose option C. D) be indifferent among options A, B, and C.
Economics