« previous next »

Author Question: In a country with a trade deficit, a. there will be high unemployment and lower wages. b. there ... (Read 65 times)

ARLKQ

  • Hero Member
  • *****
  • Posts: 571
on: Sep 4, 2018
In a country with a trade deficit,
 
  a. there will be high unemployment and lower wages.
  b. there will be higher prices.
  c. the value of its currency will increase.
  d. there will be more choice in consumer goods.

Question 2

When the trade balance is zero,
 
  a. it means that no foreign countries wish to purchase your exports.
  b. your country is exporting more than it is importing.
  c. the economy is importing exactly as much as it exports.
  d. countries that owe you money for your exports still need to pay up.


steff9894

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Sep 4, 2018
Answer to Question 1

a

Answer to Question 2

c


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

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?

Thyroid conditions may make getting pregnant impossible.

Psoriasis, lower extremities Psoriasis, lower extremities
Stand in a doorway and hook your fingertips on both sides about chest level or lower. Stand in a doorway and hook your fingertips on both sides about chest level or lower.
Central Nervous System Stimulants and Drugs for Attention Deficit/Hyperactivity Disorder and ... Central Nervous System Stimulants and Drugs for Attention Deficit/Hyperactivity Disorder and ...
Transition from the lower to the upper limbs with compression over the drape. Apply compression with ... Transition from the lower to the upper limbs with compression over the drape. Apply compression with ...
Share of Human Capital in Wages in Advanced Countries Share of Human Capital in Wages in Advanced Countries
Chalk cliffs 90 meters (300 feet) high along the shore in Dover, England, were once seafloor Chalk cliffs 90 meters (300 feet) high along the shore in Dover, England, were once seafloor
Video: Phases of the ovarian cycle

For a complete list of videos, visit our video library