The U.S. balance of trade is determined by:

Related MCQs

• If Debit balance in the balance of payment accounts are greater than the Credit balance it leads to
• Which among the following are differences between Balance of Trade and Balance of Payment?
• If a nations terms of trade is ½ its trade partners terms of trade is
• In the Ricardian model, when two countries trade freely, the relative price of the goods they are trading is determined by:
• Unlike the balance of payments, the balance of international indebtedness indicates the international:
• The U.S. has a balance of trade deficit when its:
• international trade refers to trade between
• Which among the following best explains the difference between Trade in Invisibles and merchandise trade?
• If relatively capital-abundant country A opens trade with relatively labor- abundant country B an the trade takes place in accordance with the Heckscher-Ohlin Theorem. What would be the consequence for factor prices (w/r) in the two countries?
• Most international trade today is classified as trade in