Balance of trade involves the exchange of
...Balance of trade involves the exchange of
Goods only
Services only
Goods and services
Goods and capital
Correct answer is C
Balance of trade is the difference between the value of a country's exports and the value of its imports. These exports and imports include both goods and services.
If the demand curve facing a firm is sharply downward-sloping, the firm is likely to be ...
In national income accounting, NNP is derived by subtracting from the GNP ...
In long run, all factors inputs are ...
Excess demand inflation can be controlled through ...
Total revenue is always equal to ...
When a member's currency is declared "scarce", it is the duty of the IMF to______ ...
A market in which a single price obtains for a product is known as ...
Goods whose demand vary directly with money income are called? ...