The trade balance for the United States equals

A. The difference between the dollar value of exports and the dollar value of imports.
B. Exports plus imports.
C. The current account balance minus the capital account balance.
D. The difference between service exports and service imports.


Answer: A

Economics

You might also like to view...

Market risk is:

A. risk that is broadly shared by the entire market or economy. B. risk that is unique to a particular company or asset. C. likely to be predictable, and generally reflected in interest rates. D. the reason the economy suffers inflation from time to time.

Economics

The federal government pays for what percentage of research and development?

a. 0.91% b. 60.2% c. 32% d. 3.6%

Economics

The retail value of one dozen eggs is $2.89. Farmers receive $1.04 for this dozen of eggs. What is the farmer's share of the retail dollar?

A) 45% B) 36% C) 56% D) 64%

Economics

Consider a $2 billion open market purchase of U.S. Treasury securities by the Federal Reserve. The Fed's balance sheet will show:

A. an increase in the asset category of securities and the liability category of reserves by $2 billion. B. only an increase in the asset of securities of $2 billion. C. no change in the size of the balance sheet, just the composition of assets will change from cash to securities. D. only show an increase in the liability of reserves of $2 billion.

Economics