If Net Exports Are Positive,then

question 141

Multiple Choice

If net exports are positive,then

• A)exports are greater than imports.
• B)net capital outflow is negative.
• C)Both of the above are correct.
• D)Neither of the above is correct.

---

Definitions:

Monopsonist

An economic situation where there is only one buyer in the market, giving the buyer substantial power over prices and terms with suppliers.

Purely Competitive

A market structure characterized by many buyers and sellers, all of whom have little to no influence on the market price of goods and services.

Marginal Resource Cost

The additional cost incurred by a firm or economy for utilizing one more unit of a resource, used in making efficient production and resource allocation decisions.