Which of the following is FALSE about services trade for India and China?
A) China exports more services than India does.
B) India has a trade surplus in services.
C) China has a trade surplus in services.
D) India trades primarily information services and other business services.
C
You might also like to view...
Which of the following was NOT a cause or a characteristic of the 1994/95 Mexican peso crisis?
A) An overvalued exchange rate B) An inflow of large foreign portfolio capital C) The inability of the IMF, the world bank, and the NAFTA member countries (i.e., the United States and Canada) to predict the looming financial crisis D) Shifts by the world capital markets toward more conservative and risk-averse investments because of interest and exchange rate movements around the world E) High domestic investments with insufficient domestic savings
Superstars arise in markets in which every customer in the market is able to enjoy the good supplied by the
Liabilities are:
A. anything of value one owns. B. current income minus spending on current needs. C. the debts one owes. D. saving minus investment.
In the capital market, households ________ savings and firms ________ funds.
A. supply; supply B. demand; demand C. demand; supply D. supply; demand