Author Question: Refer to the scenario above. If Lawland's net factor payments from abroad equals zero and net ... (Read 115 times)

fasfsadfdsfa

  • Hero Member
  • *****
  • Posts: 554
Refer to the scenario above. If Lawland's net factor payments from abroad equals zero and net transfer payments from abroad is negative, ________.
 
  A) Lawland is likely to experience a net outflow of assets
  B) Lawland is likely to experience a current account surplus
  C) Lawland is likely to experience a current account deficit
  D) Lawland is likely to stop trading with its trading partners
 
  A country imported goods and services worth 40 billion and exported goods and services worth 37.8 billion during a particular year.

Question 2

The market demand curve shows the relationship between the price and the quantity demanded by all consumers, everything else being equal.
 
  Indicate whether the statement is true or false


nixon_s

  • Sr. Member
  • ****
  • Posts: 359
Answer to Question 1

C

Answer to Question 2

TRUE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

For a complete list of videos, visit our video library