If France Had Positive Net Exports Last Year,then It

question 185

Multiple Choice

If France had positive net exports last year,then it

• A)sold more abroad than it purchased abroad and had a trade surplus.
• B)sold more abroad than it purchased abroad and had a trade deficit.
• C)bought more abroad than it sold abroad and had a trade surplus.
• D)bought more abroad than it sold abroad and had a trade deficit.

---

Definitions:

Selling Price

The cost at which a good or service is made available for purchase to consumers.

Traceable Fixed Expense

Fixed costs that can be directly linked to a specific business segment or product line.

Net Operating Income

The profit a company makes from its operations, exclusive of taxes and other non-operational expenses.

Price Hike

An increase in the selling price of goods or services, often due to increased production costs or higher demand.