True/False  A pro-savings policy by the US would likely reduce the US trade deficit.

Q: What is meant by deficit in balance of payments?

A: The balance of payments takes into account the inflow and outflow of the money for a country.  It is…

Q: How big is the trade deficit relative to overall GDP?

A: The gross domestic product (GDP) is a standard measure of the value added created by the production…

Q: A pro-savings policy by the US would likely reduce the US trade deficit.

A: Answer: True, There is a negative relationship between saving rates and trade balances of a country.…

Q: If a country has a trade deficit, what will occur?Choose one answer.a. Imports will exceed exports.…

A: International trade is the trade that takes place beyond the national boundary. Exports refer to the…

Q: When there are large federal budget deficits, the trade deficit tends to shrink. a. True O b. False

A:

Q: How could an increase in a nation's fiscal deficit increase its trade deficit?

A: Government budget deficit affects the trade deficits. Budget deficit occurs when spending increases…

Q: large tax cut in the United States should lead to an increase in the trade deficit. True Fals

A:

Q: What are some reasons to think that America is obligated to help poor countries? What are some…

A: When an economy opens up, it makes various exchanges with the rest of the world in terms of trade or…

Q: We often hear that trade deficits are bad for a country. Should we agree or disagree with this…

A: Trade deficit is a situation which arises when the imports of the country exceeds its exports that…

Q: ta nodautanoR in crore) (i) Revenue expenditure ghlight how the (ii) Capital expenditure sunsve s i…

A: Given: (in crore) Revenue expenditure=22250 Revenue receipts=17750 To find: revenue deficit

Q: Is trade deficit always a problem? Support your answer with proper reasoning

A: No, trade deficit is not always a bad thing. A country which runs a trade deficit in general imports…

Q: Over the past four years, the US trade deficit has increased to $576.9 billion. Based on your…

A: In the face of globalization, the practice of maintaining trade deficits has become increasingly…

Q: Just a couple of years after the economic crisis, Spain managed to reduce their trade deficit, was…

A: Spain applied a policy of depreciating the value of its currency, this makes the prices of goods…

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: why is the recovery of global economy, especially the Euro Zone, so important to the South African…

A: Economy can be democratic or it can be under dictatorship or it can be communist. For example United…

Q: What is a foreign trade deficit or surplus? How does this affectinterest rates?

A: Foreign trade refers to the trade between two or more countries and trade includes the services of…

Q: If a country is experiencing a budget deficit and the government reduced spending, resulting in a…

A: The situation that occurs when there is excess expenditure over revenue that impacts the financial…

Q: In an economy open to trade, must a government budget deficit always be accompanied by an external…

A: An open economy is when that allows its citizens to make purchase or sale of goods and services to…

Q: trillion over the next 20 years. This will be financed through future taxes. Americans' future…

A: The growth rate of GDP per hour worked (a measure of labor productivity) the expansion rate of the…

Q: What difference does it make whether a Japanese or a US citizen buys the US bonds issued to finance…

A: The response of the bond market to government budget deficits involves heightened demand due to…

Q: If a country has a trade deficit, what will occur?Choose one answer. Imports will exceed exports.…

A: If a country has a trade deficit, between the three, one will occur Imports will exceed exports.…

Q: Write 9 recommendations to reduce trade deficit for Pakistan?

A: A trade deficit occurs when a country's imports exceed its exports during a given time period. They…

Q: Under what conditions will a larger budget deficit cause a trade deficit?

A: Budget deficit occurs when the government expenditure exceeds the government revenue. Trade deficit…

Q: Is America obligated to help poor countries? is foreign aid worsening our budget deficit?

A: As a matter of law or regulation, no country is obligated to give aid to any other country if it…

Q: True or False. Nations with persistent trade deficits often experience slower economic growth.

A: International trade refers to the setting up of an exchange system between multiple nations. The…

Q: If US is expected to have 12 billion dollars more export and 8 billion dollars less import. How will…

A: Here, given information is: Increase in exports: 12 billion Decrease in imports: 8 billion To…

Q: If a country is experiencing a budget deficit and the government reduced spending, resulting in a…

A: The process of budgeting where the total planning spending is equal to total expected revenues is…

Q: Why do you think the UK decided to move out the EU? What do you think will be the business…

A: Economics as a subject deals with the allocation of scarce resources among humans with unlimited…