Other things equal, if Mexico devotes more resources to train its population than Spain,
A) Mexico will be able to eliminate scarcity faster than Spain.
B) Mexico will grow faster than Spain.
C) Mexico will be able to eliminate opportunity cost faster than Spain.
D) Mexico will have more current consumption than Spain.
E) Spain will grow faster than Mexico.
B
Economics
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Answer the following statement true (T) or false (F)
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When the dollar value of a country's imports of final products is less than the dollar value of its exports, the country has a
A. balance of trade deficit. B. budget surplus. C. budget deficit. D. balance of trade surplus.
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