• 2022-06-07
    The term “______ exports of goods” means the trade value of exports which “have been adjusted for price changes".
    A: real
    B: genuine
    C: true
    D: nominal
  • A

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    • 0

      A rise in the price of imports or a fall in the price of exports will:

    • 1

      The Marshall-Lerner condition applies only if ηx+ηm > 1, in whichηx+ηm is ( ) A: supply price elasticity of domestic import and export commodities B: demand income elasticity of domestic imports and exports commodities C: expected Elasticity of demand for domestic imports and exports commodities D: demand price elasticity of domestic imports and exports commodities

    • 2

      British exports have been by the strong pound. A: handled B: handout C: handicraft D: handicapped

    • 3

      •(1) If the country’s imports were more than exports, the country would have a trade surplus.

    • 4

      _____ occurs when a firm exports goods or services to consumers in another country. A: International trade B: Foreign direct investment C: foreigninvestment D: Outsourcing