Question

An improvement in a country's balance of payments means a decrease in its balance of payments deficit, or an increase in its surplus. In fact we know that a surplus in a balance of payments is always harmful. is usually beneficial. is always beneficial. is sometimes harmful. is never harmful. I DON'T KNOW YET

Name: an improvement in a countrys balance of payments means a decrease in its balance of payments deficit or an increase in its surplus in fact we know that a surplus in a balance of payments is 90072
Uploaded: 2024-11-18T04:38:06-08:00
Duration: 2 min 9 s
Channel: Qudsiya Anis
Description: an improvement in a countrys balance of payments means a decrease in its balance of payments deficit or an increase in its surplus in fact we know that a surplus in a balance of payments is 90072

          An improvement in a country's balance of payments means a decrease in its balance of payments deficit, or an increase in its surplus. In fact we know that a surplus in a balance of payments is always harmful. is usually beneficial. is always beneficial. is sometimes harmful. is never harmful. I DON'T KNOW YET

an improvement in a countrys balance of payments means a decrease in its balance of payments deficit or an increase in its surplus in fact we know that a surplus in a balance of payments is 90072

Added by Amanda E.

Principles of Economics

Gregory Mankiw 8th Edition

Instant Answer

Solved by Expert Qudsiya Anis

11/18/2024

Step 1

A surplus means a country is exporting more than it is importing. Show more…

Show all steps

Thanks for your feedback!

An improvement in a country's balance of payments means a decrease in its balance of payments deficit, or an increase in its surplus. In fact we know that a surplus in a balance of payments is always harmful. is usually beneficial. is always beneficial. is sometimes harmful. is never harmful. I DON'T KNOW YET