Exam 18: Open Economy Macroeconomics Basic Concepts: The International Flows of Goods and Capital

Over the past five decades,the U.S.economy has become

If U.S.consumers decrease their demand for cell phones from Finland,then other things the same Finland's

If a country has a trade surplus

If a country has a trade deficit

A Swiss company sells chocolates to a retailer in the United States.These sales by themselves

A Japanese bank buys bonds sold by Minnesota Manufacturing.Minnesota Manufacturing then uses these funds to buy machinery from Canada.Which of the following decreases?

Which of the following is correct?

A country's trade balance

If domestic residents of other countries purchase $600 billion of U.S.assets and U.S residents purchase $500 billion of foreign assets,then U.S.net capital outflow is

A country's saving is greater than its domestic investment.This difference means that its

One year a country has negative net exports.The next year it still has negative net exports and imports have risen more than exports.

A Swiss watchmaker opens a factory in the United States.This is an example of Swiss

If a country has net exports of $8 billion and sold $40 billion of goods and services abroad,then it has

If Saudi Arabia had negative net exports last year,then it

Net capital outflow

A country has net capital outflow of -10 billion euros and domestic investment of 20 billion euros.What is its national saving?

Suppose that real interest rates in the U.S.rise relative to real interest rates in other countries.This increase would make foreigners

A Portuguese company exchanges euros for $60,000 from a U.S.bank.The Portuguese firm then uses the dollars to purchase $60,000 of canning equipment from a U.S.company.As a result of these two transactions alone

If a country has Y > C + I + G,then it has

The value of the goods and services Australia purchases from the U.S.are less than the value of goods and services the U.S.purchases from Australia.The U.S.has