Which of the Following Would Result in a Trade Surplus

question 132

Multiple Choice

Which of the following would result in a trade surplus for Canada?

• A)Exports of goods = $450 billion Imports of goods = $400 billion
• Exports of services = $200 billion
• Imports of services = $250 billion
• B)Exports of goods = $450 billion Imports of goods = $450 billion
• Exports of services = $200 billion
• Imports of services = $250 billion
• C)Exports of goods = $450 billion Imports of goods = $460 billion
• Exports of services = $200 billion
• Imports of services = $100 billion
• D)Exports of goods = $450 billion Imports of goods = $490 billion
• Exports of services = $200 billion

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Definitions:

RLC Series Circuit

An electrical circuit consisting of a resistor (R), inductor (L), and capacitor (C) connected in series, used to filter or resonate at certain frequencies.

Capacitance

Refers to the amount of electric charge that a capacitor can hold, measured in Farads, at a given voltage.

Reactive Power

The component of electrical power that does not result in useful work, measured in VARs (volt-amps reactive), and is generated by reactive components like capacitors and inductors.

Inductive Reactance

A measure of the opposition that an inductor presents to alternating current, due to the magnetic field created by the current.