China runs a huge balance of payments surplus with the U.S. Which country benefits in terms of living standards and why?

Q: What is meant by the balance of payment? Why would it be useful to examine a country’s balance of…

A: please find the answer below.

Q: A summary of a country's economic transactions with foreign residents and governments is called the…

A: Balance of payments (BOP) is a record of economic transitions between the residents of one country…

Q: A rise in the domestic spending will most probably a) Improve balance of the trade b)Worsen…

A: According to the given question Actually in simple words we can say that the domestic spending is…

Q: Which of the following would cause exports to rise?        A) A depreciation of the exchange rate…

A: A weaker domestic currency invigorates products and makes imports more costly; on the other hand,…

Q: There will be a decrease in the US trade deficit if there is an increase in  a. an appreicating…

A: A trade deficit is said to occur when the value of imports of a country exceed the value of its…

Q: es the Philippines suffer a trade surplus or trade deficit for 2020 and first nine months of 2021?…

A: The account that includes transaction relating to the export and import of goods and services and…

Q: The record of a country's transactions in goods, services, and assets with the rest of the world is…

A: Balance of payment accounts is a statement that keeps track of all the monetary transactions (i.e.,…

Q: Balance of payments includes foreign borrowing and lending, foreign aid, and investments. ) a) True…

A: Balance of payments is the records of monetary transaction incurred between nations during the year…

Q: Define favourable and non favorable balance of trade

A: When exports are greater than imports,it would be known as favourable balance of trade.

Q: Explain a balance of payments for a country.

A: (Q)Explain a balance of payments for a country.

Q: if US citizen decides to consume less and save more, then the foreign-exchange price of the dollar…

A: Exchange rate is the rate at which the nation's currencies are exchanged.  And it is determined at…

Q: A new country has been established on the moon and created a currency called cheesybits. Which of…

A: Answer: A transaction will be called a foreign exchange transaction if buyers and sellers are from…

Q: What will happen if the price of US dollars declines considerably against the Japanese yen then: a)…

A: Exchange rate is the rate of exchange of two currencies. It means that it is the rate at which one…

Q: fixes the price of foreign exchange below equilibrium?

A: Foreign exchange: It is the change of one nation's cash into another. In a free economy, a nation's…

Q: In reality the balance of payments may not balance due to      A) net trading by the Bank of…

A: Answer: Balance of payment records all the transactions that take place between the residents of a…

Q: A surplus in a country's financial/capital account necessarily means a recessionary economy a…

A: Basics:- Capital account of the country shows net flow of funds of country. Inflows of funds means…

Q: The GDP for the United States is $18,036 billion and its current account balance is –$484 billion.…

A: Answer to the question is as follows :

Q: Question All of the following are surplus items on a country's balance of payments EXCEPT…

A: Solution: All of the following are surplus items on a country's balance of payments except a) gold…

Q: Explain the situation in terms of balance of payments and the effect of Sri Lanka’s economic crisis…

A: If a country cannot support its imports through capital exports, it will have to deplete its…

Q: In 2001, 2002, and 2003, Congress passed the series of tax cuts that President Bush had requested.…

A: The increased consumer spending due to the tax cuts leads the country towards a larger trade…

Q: A strong US dollar tends to   A. Reduce exports to foreign buyers   B. Reduce imports…

A: When the dollar value increases, then it makes import cheaper and export costlier. The reason is…

Q: If the US dollar appreciated against the Japanese yen what would you expect to happen to US net…

A: In the flexible exchange rate system, when the value of domestic currency increases in terms of…

Q: How can the United States improve trade deficit? Give three solutions.

A:

Q: Explain how the implementation of the "Buy Malaysian Made Goods Campaign" on Malaysia's balance of…

A: Malaysian government implements a program named as  "Buy Malaysian Made Goods Campaign" in which it…

Q: Why do economists often consider a nation's balance of trade an important indicator of national well…

A: The movement of products, services, capital, and technology between nations is referred to as…

Q: Discuss this statement : " Because each nation's balance of payments equals zero , it follows that…

A: The goal of a balance of payments deficit or surplus is to comprehend the debt or rest in a…

Q: If a country is importing more than it is exporting it will have a balance of trade trade surplus…

A: Balance of trade is the difference between the total value of exports and imports.

Q: Consider the appreciation of a currency. What effects might this have on international companies…

A: International companies: Those companies whose business activities are touching other countries or…

Q: Balance of trade

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

Q: Explain why a currency depreciation leads to an improvement in a country’s trade balance

A: Answer to the question is as follows :

Q: Is it fair for China to fix its currency by undervaluing it on the market? How does keeping its…

A: China is a large open economy that makes international trade under a fixed or pegged exchange rate…

Q: Compare and contrast changes in the value of the US Dollar on the trade deficit

A: The trade deficit is a situation where the imports a goods and services of a nation exceeds the…

Q: explain the causes of balance of payments deficit in Pakistan.

A: Balance of payment is defined as the statement of all transactions made between residents of one…