Which of the following is FALSE about services trade for India and China?
A) China exports more services than India does.
B) India has a trade surplus in services.
C) China has a trade surplus in services.
D) India trades primarily information services and other business services.
C
You might also like to view...
When Walmart sells toys imported from China:
A) the U.S. consumers pay in dollars while the workers who produce the toys are paid in yuan. B) the U.S. consumers pay in dollars and the workers who produce the toys are also paid in dollars. C) the U.S. consumers pay in yuan while workers who produce the toys are paid in dollars. D) the U.S. consumers pay in yuan and the workers who produce the toys are also paid in yuan.
All of the following arguments are presented in favor of inflation targeting EXCEPT
A) it would draw attention to what the central bank can achieve in practice. B) it would provide an anchor for inflationary expectations. C) it would promote accountability by providing a yardstick by which policy can be measured. D) it would reduce the lags inherent in monetary policy.