This topic contains a solution. Click here to go to the answer

Author Question: Trade deficit occurs when the value of a country's imports is greater than the value of its exports. ... (Read 142 times)

Engineer

  • Hero Member
  • *****
  • Posts: 527
Trade deficit occurs when the value of a country's imports is greater than the value of its exports.
 
  Indicate whether the statement is true or false

Question 2

When a country's currency is weak relative to other nations, domestic products are more expensive than imports.
 
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

heyhey123

  • Sr. Member
  • ****
  • Posts: 353
Answer to Question 1

TRUE

Answer to Question 2

FALSE





 

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

For a complete list of videos, visit our video library