During Some Year a Country Had Exports of $50 Billion,imports

question 152

Multiple Choice

During some year a country had exports of $50 billion,imports of $70 billion,and domestic investment of $100 billion.What was its saving during the year?

• A)$80 billion
• B)$100 billion
• C)$120 billion
• D)$150 billion

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Definitions:

Nonnegotiable

Refers to a financial instrument that cannot be transferred or endorsed to another party.

Separate Agreement

A distinct contract or arrangement that is made independently from any other agreements or contracts.

Negotiable

Refers to a written and signed promise or order to pay a specific sum of money that can be transferred from one holder to another with the ownership of the document constituting ownership of the value.

Nonnegotiable

Refers to an item or term that cannot be altered or transferred in agreement or transaction.