Examlex

Solved

Table 181 -Refer to Table 18

question 32

Multiple Choice

Table 18.1
 Table 18.1 Current Account ($)  Merchandise exports +1000 Merchandise imports +3000 Merchandise trade balance  Service exports +1500 Service imports +1000 Goods and services balance 100 Net investment income from abroad 1,000 Net unilateral transfers  Current account balance \begin{array}{l}\text { Table } 18.1\\\begin{array} { | l | c | } \hline \text { Current Account } & ( \$ ) \\\hline \text { Merchandise exports } & + 1000 \\\hline \text { Merchandise imports } & + 3000 \\\hline \text { Merchandise trade balance } & \\\hline \text { Service exports } & + 1500 \\\hline \text { Service imports } & + 1000 \\\hline \text { Goods and services balance } & 100 \\\hline \text { Net investment income from abroad } & - 1,000 \\\hline \text { Net unilateral transfers } & \\\hline \text { Current account balance } & \\\hline\end{array}\end{array}
-Refer to Table 18.1, which shows a Balance of Payments account. What is the merchandise trade balance?


Definitions:

Reserved Powers

Denotes powers that are not explicitly delegated to the national government by the constitution, thus remaining with the state governments.

First Amendment

An amendment to the U.S. Constitution that guarantees freedoms concerning religion, expression, assembly, and the right to petition.

Absolute Rights

Fundamental rights that are universally recognized and protected, often considered inherent to human dignity and not subject to being taken away or abridged by laws.

Police Power

Power retained by each state to pass laws that protect the health, safety, and welfare of its citizens.

Related Questions