In 2007, France's Exports Totalled $490 Billion and Its Imports

question 27

Multiple Choice

In 2007, France's exports totalled $490 billion and its imports totalled $529 billion. As a result, France is an international and financial funds from around the world France's market for loanable funds.

• A) borrower; enters
• B) lender; leaves
• C) borrower; leaves
• D) lender; enters

---

Definitions:

Bags Per Month

A measurement of quantity, often used to describe the production or consumption rate of bags within a monthly period.

Market Equilibrium

occurs in a market when the quantity supplied equals the quantity demanded, typically represented by the intersection of supply and demand curves.

Surplus

An excess of production or supply over demand, often resulting in a decrease in prices.

Equilibrium Price

The rate at which the supply of products aligns perfectly with the demand for these goods.