The main items on the A. current account are imports and R.O.W. investments in Canada. B. financial account are exports and Canadian investments in R.O.W C. financial account are imports and R.O.W. investments in Canada. D. current account are exports and imports. E. current account are exports and Canadian investments in R.O.W.
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- Many think that the size of a trade deficit is due to a lack of competitiveness of domestic sectors, such as autos. Explain why this is not true.1. Which of the following falls under the current account of the Philippines? a. The value of the Philippines' export of goods increased due to the increase in demand from China. b. The value of the Philippines' import of goods increased due to a high domestic demand for raw materials. c. Both a and b d. None of the above 2. What is the difference between current account and financial account? a. Current account measures the difference between import and export while financial account measures sales of import and export. b. Current account measures transactions that do not create liabilities while financial account measures those that do. c. Current account measures transactions that create liabilities while financial account measures those that don't. d. None, they are the same. 3. Which of the following statements is correct? a. There is trade surplus when import equals export. b. There is trade surplus when export equals import. c. There is trade deficit when export is greater than…If U.S. residents purchase $600 billion worth of foreign assets and foreigner residents purchase $300 billion worth of U.S. assets, OA. U.S. net capital outflow is $300 billion; capital is flowing into the U.S. OB. U.S. net capital outflow is -$300 billion; capital is flowing into the U.S. OC. U.S. net capital outflow is -$300 billion; capital is flowing out of the U.S. OD. U.S. net capital outflow is $300 billion; capital is flowing out of the U.S. Reset Selection
- Which of the following are direct foreign investments, and which are not? Event a. A French company merges with an American company; stockholders in the U.S. company exchange their stock for shares in the French firm. b. The same Saudi businessman buys a New York apartment building. c. A Saudi businessman buys $10 million of IBM stock. Is this a direct foreign investment? d. An Italian firm builds a plant in Russia and manages the plant as a contractor to the Russian government. Yes Yes No No2. 10 Bananas (thousand tons) 88 69 9. 18 7. LL 2. 4. 10 8. 5. Bananas (thousand tons) Submit All O Completed 20 out of 20 Question 20 of 20 > The production possibilities frontier (PPF) for Honduras and Brazil, representing hypothetical levels of production, are shown in the graphs. Assume that, without trade, each country is initially producing and consuming at point A on its PPF curve. Suppose these countries decide to trade. Each country will specialize in the production of the good for which it has a comparative advantage. Brazil Honduras 6. 7. 7. Post-trade consumption 5. 5. post-trade consumption 3. A. 3. 1. Activate Windows 4. 5o to6Sett7gs t8 acti9ate 19indow 2. Steel (thousand tons) 3. 1 2 3. Steel (thousand tons) 9. 8. 4. LAPTOP LOGIN ICH USERNAME: student PASSWORD: Broward1 TravelMate B PrtSc Pause F11 F12 Scr Lk Break bysks NumLk L 7. 6. 6. %3DHow would the following transactions affectU.S. exports, imports, and net exports?a. An American art professor spends the summertouring museums in Europe.b. Students in Paris flock to see the latest movie fromHollywood.c. Your uncle buys a new Volvo.d. The student bookstore at Oxford University inEngland sells a copy of this textbook.e. A Canadian citizen shops at a store in northernVermont to avoid Canadian sales taxes
- Would each of the following transactions be includedin U.S. net exports or in U.S. net capital outflow?Indicate whether it would represent an increase or adecrease in that variable.a. An American buys a Sony TV.b. An American buys a share of Sony stock.c. The Sony pension fund buys a bond from theU.S. Treasury.d. A worker at a Sony plant in Japan buys someGeorgia peaches from an American farmer.1. A. Calculate the current account for U.S. based on the following data for 2018. Export of goods and services $270, Import of goods and services $230, Foreign aids and grants received $120, Foreign aids and grants provided $63, Investment by U.S. companies in foreign countries for establishing subsidiaries $550, Interest and dividend received by U.S $90, investment by foreigners in US companies' bonds and stocks $50. All numbers are in billions of dollars. b. Is U.S. running a deficit or surplus on current account balance, explain in 1 - 2 meaningful sentencesQUESTION 5 Which of the following is associated with a trade surplus? a. Domestic investment exceeds domestic savings. b. Foreign savings is positive. Oc. Domestic savings exceeds domestic investment. Od. Foreign investment is negative. QUESTION 6 Which of the following is considered a capital inflow? Oa. A U.S. citizen's repayment of a loan from a foreign bank Ob.A sale of U.S. financial assets to a foreign buyer Oc. A purchase of foreign financial assets by a U.S. buyer d. A loan from a U.S. bank to a foreign borrower
- QUESTION 33 What happens when imports are more than exports? There is a; OA Trade deficit OB. Trade surplus OCTrade barrier OD.Trade quola QUESTION 34 The value of output of a KFC (an American owned company) in Japan is counted as part of GDP for OA USA OB. Japan and USA Japan O D-China QUESTION 35 In year 1 nominal GDP is $ 20 trillion and in year 2 nominal GDP is $ 24 trillion. What was the growth rate of nominal GDP between year 1 and 2? O A. 16.7% OB 83.3% OC.20%% O D.10.0% QUESTION 36 Given the diagram below which of the following statements is true? 4.00 300 250 200 150 1.00 012 1 4S62 .o10 1 12 13 415 Ority hosandh of dosee per moe O A. When the price is $2 there is a surplus of 4 units O B. When the price is $1:50 the quantity demanded is 4 units OCWhen the price is $3.50 the quantity demanded is 12 units O D.When the price is $3.00 there is a surplus af 4 units uteg apop udIf the value of a nation’s imports exceeds the valueof its exports, which of the following is NOT true?a. Net exports are negative.b. GDP is less than the sum of consumption,investment, and government purchases.c. Domestic investment is greater than nationalsaving.d. The nation is experiencing a net outflow ofcapital.The ‘current account’ includes records of a country’s: Select one: a. net exports. b. net primary income. c. net secondary income. d. All of the above are included in an economy’s current account.