Question
5. suppose the united states has no exports. the only imports of the us are 200 mercedes benz cars worth us$50,000 each from germany.
5. suppose the united states has no exports. the only imports of the us are 200 mercedes benz cars worth us$50,000 each from germany. germany has no imports and only exports those 200 cars to the us. neither the us nor germany trade with any other countries or engage in any transactions with other countries, which one of the following statements must be true O the us has a capital account deficit. O germany has a current account deficit. germans are buying us assets. O the exchange rate of us dollars per euros is bigger than 1.
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Cost Management A Strategic Emphasis
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