A country that borrows more from the rest of the world than it lends to it in a year is called a , and a country that lends more to the rest of the world than it borrows from it in a year is called a

A) borrower; lender
B) importer; exporter
C) net borrower; net lender
D) gross borrower; gross lender

Economics

In the past few centuries, choices have led to a substantial decline in the standards of living around the globe

Indicate whether the statement is true or false

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Economics

Refer to the figure above. In autarky, the economy would be in general equilibrium at point

A) I. B) D. C) E. D) F.

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Economics

A country that borrows more from the rest of the world than it lends to it in a year is called a ________, and a country that lends more to the rest of the world than it borrows from it in a year is called a ________