If a Country Has Saving of $2 Trillion and Investment

question 20

Multiple Choice

If a country has saving of $2 trillion and investment of $1.5 trillion,then it has

• A)a trade surplus and its net capital outflow = $.5 trillion.
• B)a trade surplus and its net capital outflow = -$.5 trillion.
• C)a trade deficit and its net capital outflow = $.5 trillion.
• D)a trade deficit and its net capital outflow = -$.5 trillion.

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Definitions:

Departmental Budget

A financial plan that outlines the projected income and expenses for a specific department within an organization over a set period of time.

Technical Skill

The specific knowledge and expertise required to perform particular tasks or use certain tools and technologies effectively.

Communicative Skill

The ability to convey information effectively and efficiently through verbal, non-verbal, written, and visual means.

Human Skill

The ability to work effectively with others, including communication, empathy, and management of relationships.