There can be more than one answer per question

5 points In a small open economy, if exports equal $5 billion and imports equal $7 billion, then there is a trade and net capital outflow. O surplus; positive deficit; negative surplus; negative O deficit; positive 4 5 points When exports exceed imports, which are correct (multiple answers) domestic output exceeds domestic spending. domestic investment exceeds domestic saving. net exports are positive. RGDP increases