Author Question: If total U.S. trade consists of 10 billion in electronics imports from Japan and 9 billion in ... (Read 87 times)

shenderson6 · **on:** Jun 30, 2018

If total U.S. trade consists of 10 billion in electronics imports from Japan and 9 billion in automobile exports to Germany, then the U.S. net export account will be negative.
a. True
b. False
Indicate whether the statement is true or false

Question 2

If an increase in the price of Good A causes an increase in the demand for Good B, Goods A and B are said to be complements.
a. True
b. False
Indicate whether the statement is true or false