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Author Question: A state will have a positive balance of trade, or trade surplus, when it __________. A) imports a ... (Read 26 times)

saliriagwu

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on: Sep 4, 2018
A state will have a positive balance of trade, or trade surplus, when it __________.
 
  A) imports a surplus of consumer goods
  B) exports more than it imports
  C) imports more than it exports
  D) exports progressively more over a fiscal period

Question 2

Which of the following policies would be followed by a protectionist state?
 
  A) Imposing tariffs
  B) Dumping
  C) Eliminating export duties
  D) Disallowing quotas on imports


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dpost18

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Reply #1 on: Sep 4, 2018
Answer to Question 1

Answer: B

Answer to Question 2

Answer: A


saliriagwu

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Reply 2 on: Sep 4, 2018
YES! Correct, THANKS for helping me on my review

tkempin

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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