A country that is spending more than it makes a- unstable b- trade balance c- trade deficit c- trade surplus

Q: how can countries attain/account for trade equilibria when involved in trade transactions?

A: Getting involved in trade transactions means trading in the goods and services with the rest of the…

Q: What aspects of the international economy are different to those of a single economy? What…

A: In a single economy, there is less competition than the international economy.

Q: How would you define and explain the balance of payments, and how this concept affects the ability…

A: Global trade: It means the import and export of goods and services across international boundaries.

Q: Why is the net gain from international trade positive?

A: gain from international trade is positive because in the import market the increase in consumer…

Q: Countries which export more than they import have a balance of payments    trade surplus…

A: The statement that reflects the transactions between one country and the rest of the world is known…

Q: What is a trade deficit, and why does it hurt us to consistently run a deficit with another country?

A: Answer: Introduction: A trade deficit occurs when a country imports more than what it exports. It is…

Q: When looking only at the import and export of services, the U.S.    a. has a trade deficit b. has a…

A: When imports of a country are greater than its exports, it is said to have a trade deficit. When…

Q: Imagine you are an advisor to your government and that your economy faces a problem of declining…

A: The terms of trade deterioration mean that the price of the exports of the goods and services from…

Q: Why Japan is dependent on food import?

A: Definition: An import is a decent or administration purchased in one country that was delivered in…

Q: how do trade agreements affect the US economy?

A: Trade agreements are defined as contractual agreements between states or countries concerning their…

Q: what specific kinds of domestic institutions leads to protectionism and liberalization?

A: Trade liberalization  has always bene one of the controversial topics and it has been opposite to…

Q: A country whose National Saving is greater than its Investment will experience a Not enough…

A: In economics, savings refer to the income unsued. In other words, savings means income left after…

Q: How to calculate Balance of trade and the current account ?

A: Fares are products or administrations made locally and offered to an outsider. That incorporates…

Q: Tariffs redistribute income from consumers to domestic producers. True

A: Tariffs are meant to save domestic industries by increasing prices on their competitors' products.…

Q: A positive balance of trade is when:     A. imports are greater than exports   B. exports are…

A: The balance of trade refers to the difference between the monetary value of a country's exports and…

Q: Trade Pattern Of USA and China

A: The exchange of goods and services between different countries or an individual is referred to as…

Q: Why do businesses pursue international expansion beyond their domestic markets?

A: Companies go international because they want to expand their operations beyond domestic markets such…

Q: Any goods, raw materials, or services that are produced in one country and then sold to another…

A: This is a common practice from the history.

Q: what is Mexico Governance and Aid?

A: Since Mexico is a federal presidential representative democratic republic,  president also serves as…