If There Is a Surplus in a Country's International Trade

question 27

Multiple Choice

If there is a surplus in a country's international trade, then

• A) net exports exceed transfer payments.
• B) macroeconomic equilibrium does not exist.
• C) the value of net exports is positive.
• D) the value of net exports is zero.
• E) the value of net exports is negative.

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Definitions:

Breaking and Entering

The criminal act of entering a building or residence illegally, with the intent to commit a crime, especially theft.

Fraudulent Taking

An act of taking someone's property illegally, with deceit or trickery.

Personal Property

Property that includes movable items, such as furniture and vehicles, as opposed to real estate or real property.

Aggravated Robbery

A form of robbery that involves using a weapon, causing serious injury, or other threatening circumstances.