The total flow of money into a country minus the total flow of money out of the country over some period of time is called the country's
A. trade deficit.
B. balance of payments.
C. unfavorable balance.
D. balance of trade.
E. favorable balance.
Answer: B
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Customers can create a set of preference curve, by examining how customers make trade-offs when choosing among various combinations of price and benefits, using ________
A) conjoint analysis B) regression analysis C) an empathic design D) a focus group E) the relative performance index
Consider Figure 5.1. Suppose the rest of the world voluntarily agrees to reduce steel shipments to Mexico vis-a-vis an export quota equal to 2 tons. Assuming Mexican importers behave as competitive buyers while foreign exporters behave as monopoly sellers, the overall welfare loss of the quota to Mexico is
a. $200. b. $400. c. $600. d. $800.
Profit margin and gross margin are the same thing
Indicate whether the statement is true or false
Customers’ liking the "cheesy mess" left over on their fingers from Cheetos was identified by the textbook as an example of what set of techniques?
a. Neurosurgery b. Neuroinduction c. Neuronetworking d. Neuroscience