« previous next »

Author Question: In a country with a trade deficit, a. there will be high unemployment and lower wages. b. there ... (Read 32 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?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

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?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Lungs: RUL = Right Upper Lobe, RML = Right Middle Lobe, RLL = Right Lower Lobe, LUL = Left Upper Lob Lungs: RUL = Right Upper Lobe, RML = Right Middle Lobe, RLL = Right Lower Lobe, LUL = Left Upper Lob
High rates of rural poverty have been a part of the United States from its origin to the present. ... High rates of rural poverty have been a part of the United States from its origin to the present. ...
A high-performance aftermarket air filter often can increase airflow into the engine for more ... A high-performance aftermarket air filter often can increase airflow into the engine for more ...
The target lambda on this vehicle is slightly lower than 1.0 indicating that the PCM is attempting ... The target lambda on this vehicle is slightly lower than 1.0 indicating that the PCM is attempting ...
The diminishing effects on body weight of a low-calorie diet and a high-calorie diet. The diminishing effects on body weight of a low-calorie diet and a high-calorie diet.
Steady State in the Two-Country Model Steady State in the Two-Country Model
Video: Exercise and cardiac output & Definition of stroke volume

For a complete list of videos, visit our video library