What is the meaning of a surplus (deficit) on the (a) merchandise trade balance, (b) goods and

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What is the meaning of a surplus (deficit) on the (a) merchandise trade balance, (b) goods and services balance, and (c) current account balance?

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International economics

ISBN: 978-8131518823

13th Edition

Authors: Robert J. Carbaugh

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Question Posted: Nov 14, 2012 03:36 AM

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What is the meaning of a surplus (deficit) on the (a) merchandise trade balance, (b) goods and

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A merchandise trade surplus suggests that the home country is a net expo...View the full answer

International economics

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