Which one of the following, other things equal, will directly alter the U.S. balance of trade?...

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Question

Which one of the following, other things equal, will directly alter the U.S. balance of trade?...

Which one of the following, other things equal, will directly alter the U.S. balance of trade?

Multiple Choice

an increase in the balance on capital account
a decrease in U.S. goods exports
an increase in net transfers
a decrease in U.S. purchases of assets abroad

business economics

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Answer 1

Answer #1

Correct answer:

B

Decrease in export of goods, affect the current account balance that directly affect the balance of trade.

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Answer 2

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Which one of the following, other things equal, will directly alter the U.S. balance of trade?...

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Which one of the following, other things equal, will directly alter the U.S. balance of trade?...

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