question 1

In 2012, Cote d'Ivore had $3 billion of net exports and bought $1 billion of goods from foreign countries. What were Cote d'Ivore's components of net exports? Select one: a. $2 billion in exports and $3 billion in imports b. $3 billion in imports and $2 billion in exports c. $1 billion in imports and $3 billion in exports d. $4 billion in exports and $1 billion in imports

question 2

A country has $150 million of net exports and $190 million of saving. What is net capital outflow? Select one: a. $150 million b. $40 million c. $190 million d. -$40 million

question 3

Suppose Paul, a Romanian citizen, builds a telescope factory in Israel. Which of the following correctly identifies the effects of these expenditures? Select one: a. They increase Romanian net capital outflow, but Israeli net capital outflow remains unchanged. b. They increase Romanian and Israeli net capital outflow. c. They increase Romanian net capital outflow, but decrease Israeli net capital outflow. d. They decrease Romanian net capital outflow, but increase Israeli net capital outflow.

question4

Suppose Canada sells chocolate to the United States. Which of the following correctly identifies the effects of this transaction? Select one: a. U.S. net exports decrease, and U.S. net capital outflow decreases. b. U.S. net exports decrease, and U.S. net capital outflow increases. c. U.S. net exports increase, and U.S. net capital outflow decreases. d. U.S. net exports increase, and U.S. net capital outflow increases.

question5

If a Canadian shirt-maker purchases cotton from Egypt, which of the following correctly identifies the effects of this transaction? Select one: a. Canadian net exports increase, and Canadian net capital outflow decreases. b. Canadian net exports decrease, and Canadian net capital outflow decreases. c. Canadian net exports decrease, and Canadian net capital outflow increases. d. Canadian net exports increase, and Canadian net capital outflow increases.

question 6

A Venezuelan firm purchases earth-moving equipment from a Canadian company and pays for it with domestic currency. Which of the following correctly identifies the effects of this transaction? Select one: a. It decreases Canadian net exports and increases Venezuelan net capital outflow. b. It decreases Canadian net exports and decreases Venezuelan net capital outflow. c. It increases Canadian net exports and increases Venezuelan net capital outflow. d. It increases Canadian net exports and decreases Venezuelan net capital outflow. Clear my choice question 7

A citizen of Saudi Arabia uses previously obtained Canadian dollars to purchase apples from Canada. Which of the following correctly identifies the effects of this transaction? Select one: a. It increases Saudi net capital outflow and increases Canadian net exports. b. It increases Saudi net capital outflow and decreases Canadian net exports. c. It decreases Saudi net capital outflow and increases Canadian net exports. d. It decreases Saudi net capital outflow and decreases Canadian net exports. question 8

A country has $80 million of saving and domestic investment of $30 million. What are net exports? Select one: a. $50 million b. $80 million c. -$50 million d. $110 million