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Author Question: If a country has a trade deficit of $50 billion, which of the following can be true? (Read 57 times)

dejastew

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on: Apr 19, 2019

Question 1

If a country has a trade surplus of $60 billion, which of the following can be 
true?


◦ The country's exports are $180 billion, and its imports are $120 billion.
◦ The country's exports are $110 billion, and its imports are $190 billion.
◦ The country's exports are $120 billion, and its imports are $180 billion.
◦ The country's exports are $160 billion, and its imports are $60 billion.

Question 2

If a country has a trade deficit of $50 billion, which of the following can be 
true?


◦ The country's exports are $150 billion, and its imports are $100 billion.
◦ The country's exports are $110 billion, and its imports are $160 billion.
◦ The country's exports are $100 billion, and its imports are $50 billion.
◦ The country's exports are $150 billion, and its imports are $60 billion.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by dejastew on Apr 19, 2019

guyanai

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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dejastew

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Reply #2 on: Apr 19, 2019
Thank you!


guyanai

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Reply #3 on: Apr 19, 2019
Always glad to help...


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