A Nation Will Neither Export nor Import a Specific Product

question 311

Multiple Choice

A nation will neither export nor import a specific product when its

• A) domestic price equals the world price.
• B) export supply curve lies above its import demand curve.
• C) export supply curve is upsloping.
• D) import demand curve is downsloping.

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Definitions:

Return on Equity

A metric indicating financial success determined by dividing a company's net income by its shareholders' equity, demonstrating the efficacy of using investments to create increased profits.

Net Profit Margin

A financial metric that shows the percentage of revenue that remains as profit after all operating expenses, interest, taxes, and preferred stock dividends are deducted.

Dividend Yield

A financial ratio that shows how much a company pays out in dividends each year relative to its share price.

Debt-to-equity Ratio

A financial ratio highlighting the use of debt versus equity in the capital structure supporting a company's assets.