es the Philippines suffer a trade surplus or trade deficit for 2020 and first nine months of 2021? Explain. b.    Does

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A: The situation when the value of imports is greater than the value of exports is known as the current…

Q: 1) When a country realizes a deficit on its current account: a. It realizes an excess of imports…

A: The balance of payments would involve the record of transactions which are involved in the…

Q: (1) Goods exports +$220 (2) Goods imports −328 (3) Exports of services +54 (4) Imports of services…

A: Answer: Correct option: option 4 (trade deficit and a current account deficit) Explanation: Trade…

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A: Trade deficit is a situation where the total exports of the economy will be lower than the imports…

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A: Since, you have asked multiple questions, we will be answering the first one for you. If you want…

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A: The measure that depicts a record of all of the transactions of international trade and also…

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A: *Answer:

Q: Is trade deficit is a national problem for US yes or not?

A: Deficit happens once a country's imports exceed its exports throughout a given amount of your time.…

Q: Sketch a diagram of how a budget deficit causes a trade deficit. (Hint: Begin with what will happen…

A: A budget deficit is a situation that is faced by the government when its total spendings exceed the…

Q: How does a growing trade deficit affect a country's GDP?  Explain your answer.

A: GDP refers to the final value of goods and services produced in an economy during a year. The GDP is…

Q: Discuss the ways that running a trade deficit could result in either a healthy economy or a weaker…

A: Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: An economy, Delta exported goods worth $30 billion and services worth another $10 billion in 2020.…

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A: 1) The top section keeps track of the flow of exports and imports, as well as the payments…

Q: Define each of the following terms: c. Trade deficit; devaluation; revaluation

A: Trade deficit: Trade deficit can be defined as a situation where country's import exceeds its…

Q: What is current account deficit? List down, with detailed explanations, what causes current account…

A: Current Account forms a part of a country's Balance of Payments (BOP). It includes trade in goods…

Q: In 2019 Country A had a current account deficit of $1.2 billion. CountryA's capital account was in a…

A: Current Account is the account which show the value of export and imports done by country in a…

Q: A government official announces a new policy. Thecountry wishes to eliminate its trade deficit, but…

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Q: Balance of trade

A: International commerce enables governments to open new markets for goods and services that would…

Q: (a) Distinguish between a government deficit and trade deficit?

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A: The trade surplus is the situation in the international market which means there is less import…

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A: Answer to the question is as follows:

Q: trade deficits and a negative current account balance

A: When the TB ( trade balance) is in deficit then domestic investment increase domestic saving,…

Q: We may use the diagram below (Figure 2, panel (a)) to assess whether trade deficits are bad. Use the…

A: Trade deficit refers to the value of import of goods and services exceeds the value of export of…

Q: 5   List the types of policies that can lead to a current account deficit

A: Answer to the question is as follows:

Q: a.    Does the Philippines suffer a trade surplus or trade deficit for 2020 and first nine months of…

A: The trade balance is calculated by subtracting the value of exporting goods from the value of…