Which of the following equalities must hold for a country? a. Imports = exports b. Incoming gifts

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Which of the following equalities must hold for a country?

a. Imports = exports

b. Incoming gifts and donations = outgoing gifts and donations

c. Foreign investments in real estate = domestic investments in real estate

d. Value of receipts from other countries = expenditures on international transactions

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Survey Of Economics

ISBN: 9781429259569

1st Edition

Authors: David A. Anderson

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Question Posted: May 16, 2023 10:21 AM

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Which of the following equalities must hold for a country? a. Imports = exports b. Incoming gifts

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The equalities that must hold for a country are a Imports exports This equality is known as the balance of trade or trade balance In an ideal situatio...View the full answer

Survey Of Economics

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