A Nation Has an Unfavorable Balance of Trade When

question 1

Multiple Choice

A nation has an unfavorable balance of trade when

• A)it has a surplus in its balance of payments
• B)it has a deficit in its balance of payments
• C)the value of its imports of goods is greater than the value of its exports of goods
• D)its current account is in surplus and its capital account is in deficit
• E)it has high tariffs

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Definitions:

Global Attitudes

Perspectives or viewpoints shared among individuals from various countries around the world, often reflecting global trends and issues.

Youngest Populations

Demographic groups within a society that are the most recent born, referring to children and young people who make up the emerging generation.

Foreign Investment

Capital investment made by individuals, companies, or governments in foreign countries, either by acquiring assets in those countries or through direct investments in businesses and projects.

Aging Population

Refers to a demographic trend where the proportion of people within older age groups in a population increases.