Differentiate deficits and surpluses in the merchandise trade balance.
Question:
Differentiate deficits and surpluses in the merchandise trade balance.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 80% (5 reviews)
Simply defined a countrys trade balance also called balance of ...View the full answer
Answered By
Sandra Dimaala
Sandra from Philippines ,LICENSED PROFESSIONAL TEACHER.
Teachers are our nation builders—the strength of every profession in our country grows out of the knowledge and skills that teachers help to instill in our children. And, as a nation, we must do much, much more to fully appreciate and support their work.
0.00
0 Reviews
10+ Question Solved
Related Book For
Basic Finance An Introduction to Financial Institutions, Investments and Management
ISBN: 978-1285425795
11th Edition
Authors: Herbert B. Mayo
Question Posted:
Students also viewed these Business questions
-
Why does international trade occur? What does it mean to run a deficit in the merchandise trade balance?
-
What is the difference between the merchandise trade balance (BOT) and the current account balance?
-
How are trade deficits and trade surpluses automatically eliminated under the gold standard?
-
Parisian Cosmetics Company is planning a one-month campaign for September to promote sales of one of its two cosmetics products. A total of $140,000 has been budgeted for advertising, contests,...
-
Figure 5.3 illustrates the Bayesian belief network for the data set shown in Table 5.3. (Assume that all the attributes are binary). (a) Draw the probability table for each node in the network. (b)...
-
Which of the sets in Problems 3-14 are functions? \(\{(1,1),(2,1),(3,4),(4,4),(5,9),(6,9)\}\)
-
Hemlock Semiconductor Operations, LLC, and SolarWorld Industries Sachsen GmbH, are both companies involved in the manufacture of components for solar power products. Prior to the lawsuit, the two...
-
Calculating acquisition costs of long-lived assets. Outback Steakhouse opened a new restaurant on the site of an existing building. It paid the owner $260,000 for the land and building, of which it...
-
1. a) Suppose you deposit $2500 each year for 20 years in a savings account paying 5% compounded annually. How much would the account contain after 20 years? How much of the FV did you actually...
-
Refer to the adjusted trial balance of Wilderness Guide Services, Inc., illustrated in Exercise 5.3 to respond to the following items: a. Prepare all necessary closing entries at December 31, 2015....
-
Describe the components of a nations balance of payments.
-
Explain why the present value of an annuity of $100 for ten years is less than the future value of the same annuity.
-
1. Calculate Cheryl Sterns taxable income, being sure to consider her exemption. Assume that the standard deduction for a single taxpayer is $5,800, and that each exemption claimed is worth $3,700....
-
The FOMC sells $20 million of securities to Wells Fargo. Enter the transactions that take place to show the changes in the following balance sheets. Federal Reserve Bank of New York Assets (millions)...
-
In 2021, the population increases and labor hours supplied increase by 10 at each real wage rate. What are the equilibrium real wage rate, labor productivity, and potential GDP in 2021? The first...
-
What quantity of spraying would a private firm provide? What is the efficient quantity of spraying? In a single-issue election on mosquito control, what quantity would the winner provide? Quantity...
-
Lori is a student who teaches golf on Saturdays. In a year, she earns $20,000 after paying her taxes. At the beginning of 2021, Lori owned $1,000 worth of books, clothes, and golf clubs and she had...
-
What was Michaels gross investment, depreciation, and net investment during 2022? Michael, an Internet service provider, bought an existing business worth $400,000 on December 31, 2021. During 2022,...
-
The pressure and volume of a gas are changed along the path ABCA. Using the data shown in the graph, determine the work done (including the algebraic sign) in each segment of the path: (a) A to B,...
-
g(x) = x 5 5x 6 a. Show that g(x) = 0 has a root, , between x = 1 and x = 2. b. Show that the equation g(x) = 0 can be written as x = (px + q) 1/r , where p, q and r are integers to be found. The...
-
Tinker, Inc. finances its seasonal working capital need with short-term bank loans. Management plans to borrow $65,000 for a year. The bank has offered the company a 3.5 percent discounted loan with...
-
You can borrow $5,000 for 60 days with an interest payment of $125. What is the simple rate of interest? What is the compound rate of interest?
-
Stella & Chloe, Inc. needs to borrow $2,000,000 for six months. It can sell 180-day commercial paper with a face value of $2,000,000 for $1,900,000 or borrow the money from a commercial bank at 10...
-
:48 t int A company had the following assets and liabilities at the beginning and end of this year. Beginning of the year End of the year Assets $ 82,500 135,500 Liabilities $ 35,368 54,878 a. Owner...
-
Kubin Company's relevant range of production is 26,000 to 35,500 units. When it produces and sells 30,750 units, its average costs per unit are as follows: Direct materials Average Cost per Unit $...
-
(32 pts) Consider the following program, written in no particular language. Show what the program prints in the case of parameter passing by (a) value, (b) reference, (c) value-result, and (d) name....
Study smarter with the SolutionInn App