If a country has a trade surplus of $60 billion, which of the following can be true? OA. The country's exports are $160 billion, and its imports are $60 billion. OB. The country's exports are $120 billion, and its imports are $180 billion. OC. The country's exports are $110 billion, and its imports are $190 billion. OD. The country's exports are $180 billion, and its imports are $120 billion.
If a country has a trade surplus of $60 billion, which of the following can be true? OA. The country's exports are $160 billion, and its imports are $60 billion. OB. The country's exports are $120 billion, and its imports are $180 billion. OC. The country's exports are $110 billion, and its imports are $190 billion. OD. The country's exports are $180 billion, and its imports are $120 billion.
Chapter18: International Trade And Finance
Section: Chapter Questions
Problem 6SQP
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![mework Ch33
Question 12, *18.1-10
If a country has a trade surplus of $60 billion, which of the following can be true?
OA. The country's exports are $160 billion, and its imports are $60 billion.
OB. The country's exports are $120 billion, and its imports are $180 billion.
OC. The country's exports are $110 billion, and its imports are $190 billion.
OD. The country's exports are $180 billion, and its imports are $120 billion..](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F01d01b29-ede7-42ba-8dcd-8c0b18e94cc8%2Fa5ded963-83fd-4821-aabd-863f55d52ea1%2Fzrkurd_processed.jpeg&w=3840&q=75)
Transcribed Image Text:mework Ch33
Question 12, *18.1-10
If a country has a trade surplus of $60 billion, which of the following can be true?
OA. The country's exports are $160 billion, and its imports are $60 billion.
OB. The country's exports are $120 billion, and its imports are $180 billion.
OC. The country's exports are $110 billion, and its imports are $190 billion.
OD. The country's exports are $180 billion, and its imports are $120 billion..
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