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A country has a trade deficit of $100 billion. This implies that ________.
aramo023
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A country has a trade deficit of $100 billion. This implies that ________.
A country has a trade deficit of −$100 billion. This implies that ________.
▸ its exports exceed its imports by $100 billion
▸ net factor payments from abroad are positive
▸ its imports exceed its exports by $100 billion
▸ net transfers from abroad are positive
Textbook
Macroeconomics
Edition:
3
rd
Authors:
Acemoglu, Laibson, List
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its imports exceed its exports by $100 billion
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aramo023
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Just got PERFECT on my quiz
kh540941
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Correct
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terriroberts96
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You make an excellent tutor!
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