If balance of trade is negative, Xn is negative number. The impact of Xn is A. GDP will become negative B. GDP will remain constant C. to decrease GDP D. to increase GDP
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If
balance of trade is negative, Xn is negative number. The impact of Xn isA. GDP will become negativeB. GDP will remain constantC. to decrease GDPD. to increase GDP
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- If balance of trade is positive, Xn Is a positive number. The impact of Xn is A. GDP will become positive B. GDP will remain constant C. To decrease GDP D. To increase GDPIberia's imports of goods and services are $ ____ billion Thanks!!The ‘current account’ includes records of a country’s: Select one: a. net exports. b. net primary income. c. net secondary income. d. All of the above are included in an economy’s current account.
- Export of goods are = $508 Imports of goods are = $705 Balance of trade =?Malaysia main export destinations in 2020 are a. China, Singapore, USA. b. China, Hong Kong SAR and Japan. c. China, USA, Korea. d. Japan, Singapore, USA.State true/False Difference between value of exports and imports of goods and services is called trade balance.
- The Czech Republic has 3 GDP of 1,800 billion koruny. The exchange rate is 25 koruny/U.S. dollar. The Czech population is 20 million. What is the GDP per capita of the Czech Republic expressed in U.S. dollars?Suppose India has a GDP of 196 trillion Indian rupees, and a population of 1.3 billion. The exchange rate is 75 rupees per U.S. dollar. Calculate the GDP per capita of India as measured in U.S. dollars.If U.S. net exports are negative, then net capital outflow is A. negative, so American assets bought by foreigners are greater than foreign assets bought by Americans. B. positive, so foreign assets bought by Americans are greater than American assets bought by foreigners. C. positive, so American assets bought by foreigners are greater than foreign assets bought by Americans. D. negative, so foreign assets bought by Americans are greater than American assets bought by foreigners.
- An economy, Delta exported goods worth $30 billion and services worth another $10 billion in 2020. It imported goods worth $40 billion and services worth $8 billion. Receipts of income from abroad were $20 billion while income payments going abroad were $18 billion. Government transfers from Delta to the rest of the world were $7 billion, while various Delta government agencies received payments of $3 billion from the rest of the world. Calculate Delta merchandise trade deficit, and current account balance for 2020.What are the major issues with regard to trade imbalances for the U.S. economy?In an open economy the national income identity shows that: Where S stands for national savings, I for investment spending and NX for the trade balance. Carefully state this identity in words and explain why it is expected to hold.