Author Question: A country has imports of goods and services at 2,000 billion. The interest paid to the rest of the ... (Read 62 times)

charchew · **on:** Jun 29, 2018

A country has imports of goods and services at 2,000 billion. The interest paid to the rest of the world is 500 billion. The interest received from the rest of the world is 400 billion. The decrease in official reserves is 10 billion.

The government sector balance is 200 billion, savings is 1,800 billion, investment is 2,000 billion, and net transfers is zero. What are net exports?
A) 0 B) -100 billion C) -200 billion D) 100 billion E) 200 billion

Question 2

If a firm produces components of its goods and services in other countries, it is said to be outsourcing.

Indicate whether the statement is true or false