When the total export volume is larger than the total import volume, the balance is called trade deficit.
举一反三
- 2) The total trade volume of this year in Yiwu has reached over 800 million US dollars.
- When a country faces a current account deficit, it also faces: A: a services trade deficit. B: a capital account deficit. C: a capital account surplus. D: a merchandise trade deficit.
- Thebreak even point is located at the intersection of the total revenue line andthe total expenses line on a cost volume profit graph.
- Marshall-Lerner condition is that the payments deficit will be improved as a result of currency depreciation only if_______ 。( ) A: the sum of elasticity of demand for goods import and that for goods export equals one. B: the sum of elasticity of demand for goods import and that for goods export is less than one. C: the sum of elasticity of demand for goods import and that for goods export is larger than one. D: the sum of elasticity of demand for goods import is greater than that for goods export.
- In 2017, China's total import and export transaction___________（规模）was ¥7.6 trillion.