A positive balance of trade is when: A. imports are greater than exports B. exports are greater than imports C. exports equal imports D. All of the Above
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| A. |
imports are greater than exports
|
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| B. |
exports are greater than imports
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| C. |
exports equal imports
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| D. |
All of the Above
|
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- What three factors will determine whether a nation has a higher or lower share of trade relative to its GDP?At one point Canadas GDP was 1,800 billion and its exports were 542 billion. What was Canadas export ratio at this time?Occasionally, a government official will argue that a country should strive for both a trade surplus and a healthy inflow of capital from abroad. Is this possible?
- Some economists warn that the persistent trade deficits and a negative current account balance that the United States has run will be a problem in the long run. Do you agree or not? Explain your answer.If imports exceed exports, is it a trade deficit or a trade surplus? What about if exports exceed imports?Occasionally, a government official will argue that a country should strive for both a trade surplus and a healthy inflow of capital from abroad. Explain why such a statement is economically impossible.
- If you observed a country with a rapidly growing trade surplus over a period of a year or so, would you be more likely to believe that the countrys economy was in a period of recession or of rapid growth? Explain.Many think that the size of a trade deficit is due to a lack of competitiveness of domestic sectors, such as autos. Explain why this is not true.What is a trade deficit? a) When a country exports more goods than it imports b) When a country's imports and exports are balanced c) When a country imports more goods than it exports d) When a country has no international trade
- What would be the Export of goods if imports of goods are $100 and balance of trade is $70If a country's GDP is $10 trillion, its exports are $1 trillion, and its imports are $1.5 trillion, then its trade/GDP ratio is:Most Exported Products of Bangladesh Please read the Article from this link to answer the following questions https://businessinspection.com.bd/most-exported-products-of-bd/ Based on this case. 1. International Trade and Finance of Bangladesh 2. Gains from trade for Bangladesh 3. Justity the theories you can relate to this case scenario?