When the flow of money from the foreign countries to the domestic firms equals the flow of money from the home country to the foreign firms, _____
a. a trade surplus exists
b. an equal amount of agricultural and manufactured products are exported
c. a trade deficit exists
d. an equal amount of goods and services are imported
e. the value of net exports is zero
e
Economics
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In the above figure, curve A is the ________ curve and curve C is the ________ curve
A) total variable cost; total fixed cost B) total cost; total fixed cost C) total fixed cost; total variable cost D) total cost; total variable cost E) total variable cost; total cost
Economics
Classical economists wrote from the 1770s to the ________
A) 1850s B) 1890s C) 1930s D) 1960s
Economics