Which of the following would contribute to a positive trade balance for a country? Answer 1. Having tourists visit the country 2. Importing textiles 3. Having foreign residents buy the government bonds of the country 4. Importing financial services

International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
Chapter6: Government Influence On Exchange Rates
Section: Chapter Questions
Problem 3IEE
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Which of the following would contribute to a positive trade balance for a country?
Answer
1. Having tourists visit the country
2. Importing textiles
3. Having foreign residents buy the government bonds of the country
4. Importing financial services
Transcribed Image Text:Which of the following would contribute to a positive trade balance for a country? Answer 1. Having tourists visit the country 2. Importing textiles 3. Having foreign residents buy the government bonds of the country 4. Importing financial services
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