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Chako Chako
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8 years ago
A country's budget constraint states that
A) unless a country engages in trade, the value of exports cannot exceed the value of goods produced.
B) a country will engage in trade only if the value of exports exceeds the value of imports.
C) a country will engage in trade only if the value of imports exceed the value of exports.
D) the value of exports must be equal to the value of imports.
E) real income in the exporting country must be equal to real income in the importing country.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
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machukianmachukian
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8 years ago
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Chako Author
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#2
8 years ago
Good answer, thank you
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#3
8 years ago
Good luck
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