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

If a country had a trade deficit of $20 billion and then its exports rose by $7 billion and its imports fell by $10 billion,its net exports would now be

If the price levels in the U.S and in Canada are unchanged,but the nominal exchange rate (Canadian dollars per U.S.dollar)rises,then

Which of the following equations is correct?

A Chinese company exchanges yuan (Chinese currency)for dollars.It uses these dollars to purchase scrap metal from a U.S.company.As a result of these transactions,Chinese

After 1980 in the United States,

An Italian company builds and operates a pasta factory in the United States.This is an example of Italian

Carl and Carly are American residents.Carl buys stock of a corporation in Austria.Carly opens a coffee shop in Austria.Whose purchase,by itself,decreases Austria's net capital outflow?

Which of the following equations is always correct in an open economy?

A U.S.firm sells diesel locomotives to a German railroad.Other things the same,this sale

Last year a country had exports of $100 billion,imports of $70 billion,and purchased $60 billion worth of foreign assets.What was the value of domestic assets purchased by foreigners?

If Germany purchased more goods and services abroad than it sold abroad last year,then it had

A U.S.firm buys apples from New Zealand with New Zealand dollars it got in exchange for U.S.dollars.New Zealand residents then use these dollars to purchase oranges from the U.S.Which of the following increases?

The country of Sylvania has a GDP of $900,investment of $200,government purchases of $200,and net capital outflow of -$100.What is consumption?

The purchase of U.S.government bonds by Egyptians is an example of

Other things the same,a country could move from having a trade deficit to having a trade surplus if either

Suppose that a country imports $90 million worth of goods and services and exports $80 million worth of goods and services.What is the value of net exports?

If a country had a trade deficit of $10 billion and then its exports rose by $20 billion and its imports rose by $10 billion,its net exports would now be

Most of the change from 1991 to 2000 in U.S.net capital outflow as a percent of GDP was due to a(n)

Egypt has exports of $500 million and imports of $750 million.Egypt

If saving is greater than domestic investment,then