If a Nation's Merchandise Exports Are $55 Billion, While Its

question 63

Multiple Choice

If a nation's merchandise exports are $55 billion, while its merchandise imports are $50 billion, we can conclude with certainty that this nation is experiencing a:

• A)balance of trade surplus.
• B)balance of payments surplus.
• C)positive balance on current account.
• D)positive balance on goods and services.

---

Definitions:

Actors

Individuals who perform in film, television, theater, or other presentations, portraying characters.

Wealthy

Having a great deal of money, resources, or assets; rich.

Evoking Pity

Causing others to feel sorrow or compassion, often by presenting a sad or unfortunate situation.

Irrelevant Consideration

A factor or argument introduced into a discussion that has no bearing on the issue at hand.