Other Things the Same,a Country Could Move from Having a Trade

question 75

Multiple Choice

Other things the same,a country could move from having a trade deficit to having a trade surplus if either

• A)saving rose or domestic investment rose.
• B)saving rose or domestic investment fell.
• C)saving fell or domestic investment rose.
• D)saving fell or domestic investment fell.

---

Definitions:

RRSP

Registered Retirement Savings Plan (RRSP) is a Canadian financial account designed for individuals to save for retirement, offering tax benefits to incentivize saving.

Compounded Quarterly

Interest on a loan or investment is calculated four times a year, with each interest payment added to the principal.

RRSP

Registered Retirement Savings Plan, a Canadian financial account for holding savings and investment assets, aimed at retirement.

Ordinary Annuity

An annuity that makes regular payments to the annuitant at the end of each payment period for a fixed period of time.