Clutch

Find your answers, solutions and more...

Try our new improved search engine "Clutch." More relevant, better matches, 100% accuracy at light speed!

AuthorTopic

  • PhD Member
  • ******
Which of the following statements is true of trade surplus?

A) It is a negative balance of trade.
B) It occurs when there is a net outflow of domestic currency to foreign markets.
C) It occurs when a nation imports as much as it exports.
D) It occurs when a nation's exports exceed its imports.

Marked as best answer by Jewel

  • PhD Member
  • ******
D

Questions you may also like

Related Posts

» Which of the following refers to the planned use of company resources-financial capital, equipment capital, and human capital-to promote and sustain competitive advantage?
» Which of the following is an example of a monetary reward?
» Which of following enables companies to generate income, higher company stock prices, economic value, strong positive brand identity, and reputation?
» In GE's human resource leadership program (HRLP), successful participants will achieve which of the following?
» Cash and equipment such as a mass spectrometer in a research lab are examples of which of the following?

  • PhD Member
  • ******
You are a life saver.