The is the difference between money flowing into a country from exports, and money leaving the country for imports, plus money flows coming into or leaving a country from other factors such as tourism, foreign aid, military expenditures, and foreign investment. O CAVAB balance of trade balance of trade deficit balane of cash flows balance of trade surplus balance of payments
The is the difference between money flowing into a country from exports, and money leaving the country for imports, plus money flows coming into or leaving a country from other factors such as tourism, foreign aid, military expenditures, and foreign investment. O CAVAB balance of trade balance of trade deficit balane of cash flows balance of trade surplus balance of payments
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter23: The International Trade And Capital Flows
Section: Chapter Questions
Problem 44P: Imagine that the U.S. economy finds itself in the following situation: a government budget deficit...
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