If a Country Has $2

question 189

Multiple Choice

If a country has $2.4 billion of net exports and purchases $4.8 billion of goods and services from foreign countries,then it has

• A)$7.2 billion of exports and $4.8 billion of imports.
• B)$7.2 billion of imports and $4.8 billion of exports.
• C)$4.8 billion of exports and $2.4 billion of imports.
• D)$4.8 billion of imports and $2.4 billion of exports.

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Definitions:

Provincial Law

Legal rules and regulations enacted by the legislative body of a province or territory, governing matters within its jurisdiction.

Federal Law

Refers to the body of law created by the national government of a country, encompassing statutes, regulations, and case law that apply across the entire nation.

Brokerage Firm

A company that provides access to the stock market for investors, offering trading services, financial advice, and investment management.

Financial Interest

Financial interest denotes a stake or concern in the financial success, returns, or profits of an investment, business, or any economic entity.