Social Studies, 27.10.2020 23:10, ctdavis

A country exports goods and services valued at $300 million in a year. During that same year, the country imports goods and serves valued at $400 million.
Which conclusion best describes the country's balance of trade?
A. The country has a trade deficit.
ООО
B. The country has established an absolute advantage.
C. The country has a trade surplus.
o
D. The country has established a comparative advantage.

Answers: 3

Show answers

Other questions on the subject: Social Studies

Social Studies, 22.06.2019 09:30, SushiMagic

Which region on the map would have been directly affected by the infestation of the boll weevil in the late-19th and early-20th centuries? a) 5 b) 4 eliminate c) 3 d) 2

Answers: 3

continue

Social Studies, 23.06.2019 04:31, lalisa6745

Arecession is the total value of all goods produced in a country in a given year total value of all goods and services produced in a country in a given year total amount of money earned in a nation over a specific period of time none of the answers are correct.

Answers: 1

continue

Social Studies, 23.06.2019 11:00, stodd9503

In which nation would you most likely to find censorship of information, news, or any speech that is critical of the government

Answers: 1

continue

Social Studies, 23.06.2019 12:30, Jacobolobo7

What environmental challenges does asia currently face (choose all that are right)a. wastelands created by mining b. too little rainfall for crops to grow c. hydroelectric dams harming the fish industry d. industrial activity harming the environment

Answers: 1

continue

Do you know the correct answer?

A country exports goods and services valued at $300 million in a year. During that same year, the c...