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Author Question: In an open economy with strong international trade, increases in government spending are likely to ... (Read 62 times)

mpobi80

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In an open economy with strong international trade, increases in government spending are likely to have an overall crowding out effect.
 
  Indicate whether the statement is true or false

Question 2

Suppose a country's net exports equal zero. Which of the following will happen if the volume of imports increases without an increase in the volume of exports?
 
  A) The country will experience a budget surplus. B) The country will experience a budget deficit.
  C) The country will experience a trade surplus. D) The country will experience a trade deficit.



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ladyjames123

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Answer to Question 1

TRUE

Answer to Question 2

D




mpobi80

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Reply 2 on: Jun 30, 2018
Excellent


steff9894

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Reply 3 on: Yesterday
:D TYSM

 

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