The amount by which a nation’s import of goods (or goods and services) exceeds its export of goods or goods and services is________________?
A. Trade surplus
B. Trade deficit
C. Trade bloc
D. None
A. Trade surplus
B. Trade deficit
C. Trade bloc
D. None
A. Technology
B. Advanced knowledge
C. Both
D. None
A. Tariff
B. Foreign exchange
C. Net profit
D. GNP
A tax imposed by a nation on an imported good is called_________________? Read More »
Agricultural economics A. Real income
B. Net income
C. Total income
D. None
Nominal income adjusted for inflation__________________? Read More »
Agricultural economics A. Public revenue
B. Public finance
C. Public good
D. None
A. Floor price
B. Ceiling price
C. Equilibrium price
D. None
A legally determined price above the equilibrium price is__________________? Read More »
Agricultural economics A. capital flight
B. capital account
C. capital deficit
D. All of these
A. Fiscal policy
B. Economic planning
C. Economizing problem
D. None
A. Market glut
B. Perfect market
C. Imperfect market
D. All of these
A. Economics of scale
B. Economics of mass production
C. Both of these
D. None of these