If S-I and NX are exactly equal to zero i e the value of imports-09216
If S-I and NX are exactly equal to zero i.e the value of imports equals the value of exports then:
This multiple choice question (MCQ) is related to the book/course vu eco403 Macroeconomics. It can also be found in vu eco403 Final Term - Quiz No.6.
If S-I and NX are exactly equal to zero i.e the value of imports equals the value of exports then:
We have trade surplus.
We have trade deficit.
We have balance trade.
We have no trade at all.