Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter23: The International Trade And Capital Flows
Section: Chapter Questions
Problem 37CTQ: Many think that the size of a trade deficit is due to a lack of competitiveness of domestic sectors,...
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![QUESTION 9
A trade deficit must be equivalent to domestic investment minus domestic savings.
O True
O False](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F55c92949-c27e-4e14-b8b6-15dea814b3be%2Fb972fe22-85f0-472a-bcdd-6e0ed4397adf%2Fw6tjkqo_processed.jpeg&w=3840&q=75)
Transcribed Image Text:QUESTION 9
A trade deficit must be equivalent to domestic investment minus domestic savings.
O True
O False
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