when a nation imports are more than it exports, economists say it has which of the following? a. a trade surplus b. a balance of trade c. a trade deficit d. a national difference
A
thanks, can you answer a few more?
Sorry its C not A
Yeah I can help with more too
what happens when a nations currency depreciates?
a. its products become more expensive to other nations b. its trade increases c. its products become cheaper to other nations ts trade decreases
It's C
Is there any more?
two more! is that ok?
Yeah that's fine!
ok thank you soooo much!
how do countries protect their domestic economy from excessive influence by multinational corporations?
a. by raising the price of goods provided by multinationals b. by developing their internal economies c. by limiting the supplies of the multinational corporation d. by requirig the multinational to export a certain percentage of its product
It's D.
thanks! only 1 more! :)
ok :)
an example of foreign direct investment would be
a. a wealthy person from an LDC investing his money in a foreign bank b. a factory that is built in an LDC but owned by a foreign company d. a new highway in an LDC financed by money borrowed from a foreign government d. a person from a developed nation investing money in the stock market of an LDC
I'm gonna say that this one is A.
Sorry it took so long. Lol this one had me stumped.
Was that the last one?
ok! and he last one
the most important reason why two countires that have the same GSP can have vastly different standards of living beause
a. population size b. income distribution c. access to healthcare d. access to consumer goods
Is it GSP or JSP?
GDP sorry about that!
oh ok lol its okay
It's A.
thank you soooo much you have been a huge help!!!!!!!!!!!
No problem! I'm glad I could help!
Was that all the questions?
yeah that's it!
Ok cool! Glad I could be helful.
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