This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following statements is true of trade surplus? A) It is a negative balance of trade. ... (Read 97 times)

Awilson837

  • Hero Member
  • *****
  • Posts: 509
on: Jul 7, 2018
Which of the following statements is true of trade surplus?
 
  A) It is a negative balance of trade.
  B) It occurs when there is a net outflow of domestic currency to foreign markets.
  C) It occurs when a nation imports as much as it exports.
  D) It occurs when a nation's exports exceed its imports.

Question 2

The NAFTA is best considered a(n) ________.
 
  A) free trade area
  B) customs union
  C) economic union
  D) political union


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bigcheese9

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jul 7, 2018
Answer to Question 1

D

Answer to Question 2

A


Awilson837

  • Member
  • Posts: 509
Reply 2 on: Jul 7, 2018
YES! Correct, THANKS for helping me on my review

milbourne11

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Negative feedback as a mechanism by which homeostatic control systems operate. Negative feedback as a mechanism by which homeostatic control systems operate.
true story true story
negative feedback loop negative feedback loop
negative feedback negative feedback
Which is TRUE about the alternation of generations cycle that is diagramed above? Which is TRUE about the alternation of generations cycle that is diagramed above?
Acid–Base Balance Acid–Base Balance
Video: Stroke volume - preload, sarcomere length and Frank -Starling law

For a complete list of videos, visit our video library