If domestic residents of france purchase 1.2 trillion euros of foreign assets and foreigners purchase 1.5 trillion euros of french assets, then france’s net capital outflow is
a. 3 trillion euros, so it must have a trade deficit.
b. 3 trillion euros, so it must have a trade surplus.
c. -.3 trillion euros, so it must have a trade surplus.
d. -.3 trillion euros, so it must have a trade deficit.

b. .3 trillion euros, so it must have a trade surplus.

Explanation:

In order to have a trade surplus your exports must be greater than your imports. In this case imports were valued at 1.2 trillion euros and exports were valued at 1.5 trillion euros. As we can evidently see the exports are bigger than imports this is therefore a trade surplus and a surplus is always positive.

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.