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Author Question: Today, primary commodities A) are not a major export for most of Latin America. B) are highly ... (Read 64 times)

CORALGRILL2014

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Today, primary commodities
 
  A) are not a major export for most of Latin America.
  B) are highly valued relative to manufactured goods.
  C) have benefited from increased demand from growing world economies.
  D) are not subject to business cycles.

Question 2

Which of the following is NOT true about the national income identity given by the equation: S + (T  G) = I + CA?
 
  A) If CA is positive, national saving finances the purchase of our goods by foreign users.
  B) If CA is negative, our investment is less than our national savings.
  C) A negative CA may imply that foreigners have confidence in the U.S. economy.
  D) If CA is negative and large, a country risks foreigners owning a large piece of its assets.


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Jayson

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CORALGRILL2014

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


ASDFGJLO

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Reply 3 on: Yesterday
:D TYSM

 

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