Only one of the following statements about the trade surplus is correct. Which one is it? a. the government should always strive for a trade surplus and a healthy inflow of foreign capital b. the government generating a trade surplus is better than increasing foreign capital inflows c. increasing foreign capital investment is better than generating a trade surplus d. generating a trade surplus and an overall net inflow of capital is impossible
Only one of the following statements about the trade surplus is correct. Which one is it? a. the government should always strive for a trade surplus and a healthy inflow of foreign capital b. the government generating a trade surplus is better than increasing foreign capital inflows c. increasing foreign capital investment is better than generating a trade surplus d. generating a trade surplus and an overall net inflow of capital is impossible
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Only one of the following statements about the trade surplus is correct. Which one is it?
a. the government should always strive for a trade surplus and a healthy inflow of foreign capital
b. the government generating a trade surplus is better than increasing foreign capital inflows
c. increasing foreign capital investment is better than generating a trade surplus
d. generating a trade surplus and an overall net inflow of capital is impossible
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