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 61 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
Great answer, keep it coming :)

recede

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Ventilation of the mammalian lung by negative pressure filling. Ventilation of the mammalian lung by negative pressure filling.
true story true story
Adapoids and omomyoids had longer snouts and are the first “true” primates. Adapoids and omomyoids had longer snouts and are the first “true” primates.
Negative feedback loops affecting hypothalamic and anterior pituitary tropic hormones. Negative feedback loops affecting hypothalamic and anterior pituitary tropic hormones.
Control of thyroxine secretion through negative feedback. Control of thyroxine secretion through negative feedback.
Anterosuperior view of true pelvis (blue) Anterosuperior view of true pelvis (blue)
Video: Krebs cycle : Formation of acetyl coenzyme A and Electron transport chain

For a complete list of videos, visit our video library