Which of the Following Statements Is Correct for an Open

question 108

Multiple Choice

Which of the following statements is correct for an open economy with a trade surplus?

• A)The trade surplus cannot last for very many years.
• B)The trade surplus must be offset by negative net capital outflow.
• C)The trade surplus implies that the country's national saving is greater than domestic investment.
• D)None of the above is correct.

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Definitions:

Crowdsourcing

Involves obtaining ideas, services, or content by soliciting contributions from a large group of people, especially from an online community.

Automobile Business

The automobile business encompasses all aspects of the design, manufacture, marketing, and sale of motor vehicles, including cars, trucks, and motorcycles, playing a critical role in global economic and industrial development.

Crowdsourcing

The method of gathering data, suggestions, or contributions for a project or task by recruiting the help of many individuals, commonly through the internet.

Analytics

The systematic computational analysis of data or statistics to identify patterns, trends, and insights.