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Author Question: If a country has a trade deficit of $50 billion, which of the following can be true? (Read 55 times)

dejastew

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Question 1

If a country has a trade surplus of $60 billion, which of the following can be 
true?


◦ The country's exports are $180 billion, and its imports are $120 billion.
◦ The country's exports are $110 billion, and its imports are $190 billion.
◦ The country's exports are $120 billion, and its imports are $180 billion.
◦ The country's exports are $160 billion, and its imports are $60 billion.

Question 2

If a country has a trade deficit of $50 billion, which of the following can be 
true?


◦ The country's exports are $150 billion, and its imports are $100 billion.
◦ The country's exports are $110 billion, and its imports are $160 billion.
◦ The country's exports are $100 billion, and its imports are $50 billion.
◦ The country's exports are $150 billion, and its imports are $60 billion.


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Marked as best answer by dejastew on Apr 19, 2019

guyanai

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dejastew

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guyanai

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