ECO100 Knowledge Check 8 Latest 2018
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Question 
Question 1
Which term describes circumstances where a country's exports exceed its imports?
A. trade deficit
B. trade imbalance
C. trade surplus
D. trade balance
Question 2
What is the name for goods and services produced in one country that are then sold in other countries?
A. exports
B. tradeable items
C. surplus items
D. economic stimulants
Question 3
If exports and imports:
A. are imbalanced, then a trade surplus exists.
B. are imbalanced, then a trade deficit exits.
C. are equal,...
- Exam (elaborations)
- • 4 pages's •
-
ECO100 Knowledge Check 8 Latest 2018•ECO100 Knowledge Check 8 Latest 2018
Preview 1 out of 4 pages
Question 
Question 1
Which term describes circumstances where a country's exports exceed its imports?
A. trade deficit
B. trade imbalance
C. trade surplus
D. trade balance
Question 2
What is the name for goods and services produced in one country that are then sold in other countries?
A. exports
B. tradeable items
C. surplus items
D. economic stimulants
Question 3
If exports and imports:
A. are imbalanced, then a trade surplus exists.
B. are imbalanced, then a trade deficit exits.
C. are equal,...
Question 
Question 1
Which term describes circumstances where a country's exports exceed its imports?
A. trade deficit
B. trade imbalance
C. trade surplus
D. trade balance
Question 2
What is the name for goods and services produced in one country that are then sold in other countries?
A. exports
B. tradeable items
C. surplus items
D. economic stimulants
Question 3
If exports and imports:
A. are imbalanced, then a trade surplus exists.
B. are imbalanced, then a trade deficit exits.
C. are equal,...
- Exam (elaborations)
- • 4 pages's •
-
ECO100 Knowledge Check 8 Latest 2018•ECO100 Knowledge Check 8 Latest 2018
Preview 1 out of 4 pages
Question 
Question 1
Which term describes circumstances where a country's exports exceed its imports?
A. trade deficit
B. trade imbalance
C. trade surplus
D. trade balance
Question 2
What is the name for goods and services produced in one country that are then sold in other countries?
A. exports
B. tradeable items
C. surplus items
D. economic stimulants
Question 3
If exports and imports:
A. are imbalanced, then a trade surplus exists.
B. are imbalanced, then a trade deficit exits.
C. are equal,...
Question 
Question 1
Which term describes circumstances where a country's exports exceed its imports?
A. trade deficit
B. trade imbalance
C. trade surplus
D. trade balance
Question 2
What is the name for goods and services produced in one country that are then sold in other countries?
A. exports
B. tradeable items
C. surplus items
D. economic stimulants
Question 3
If exports and imports:
A. are imbalanced, then a trade surplus exists.
B. are imbalanced, then a trade deficit exits.
C. are equal,...
- Exam (elaborations)
- • 4 pages's •
-
ECO100 Knowledge Check 8 Latest 2018•ECO100 Knowledge Check 8 Latest 2018
Preview 1 out of 4 pages
Question 
Question 1
Which term describes circumstances where a country's exports exceed its imports?
A. trade deficit
B. trade imbalance
C. trade surplus
D. trade balance
Question 2
What is the name for goods and services produced in one country that are then sold in other countries?
A. exports
B. tradeable items
C. surplus items
D. economic stimulants
Question 3
If exports and imports:
A. are imbalanced, then a trade surplus exists.
B. are imbalanced, then a trade deficit exits.
C. are equal,...