Suppose a country exports $60 million worth of goods and services, while it imports $50 million worth of goods and services. This country has a trade deficit and negative capital inflow. has a trade deficit and a postive capital inflow. has a trade surplus and negative capital inflow. has a trade surplus and a positive capital inflow.
Suppose a country exports $60 million worth of goods and services, while it imports $50 million worth of goods and services. This country has a trade deficit and negative capital inflow. has a trade deficit and a postive capital inflow. has a trade surplus and negative capital inflow. has a trade surplus and a positive capital inflow.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![Suppose a country exports $60 million worth of goods and services, while it imports $50 million worth of goods and
services. This country
has a trade deficit and negative capital inflow.
has a trade deficit and a postive capital inflow.
has a trade surplus and negative capital inflow.
has a trade surplus and a positive capital inflow.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fad61fb23-6772-4c68-a944-71325d2213c5%2Feabdb8f8-8afb-47a2-af4e-155f10cbfeae%2F4qkrmi8_processed.png&w=3840&q=75)
Transcribed Image Text:Suppose a country exports $60 million worth of goods and services, while it imports $50 million worth of goods and
services. This country
has a trade deficit and negative capital inflow.
has a trade deficit and a postive capital inflow.
has a trade surplus and negative capital inflow.
has a trade surplus and a positive capital inflow.
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