Nhóm 7 KTVM

What is the formula for net exports (NX)?

• Exports + Imports

• Exports - Imports

• Imports - Exports

• Exports × Imports

When does a country have a trade surplus?

• When Exports = Imports

• When Exports > Imports

• When Imports > Exports

• When there is no export or import activity

As a percentage of the U.S. GDP, today exports are______and imports are _____than they were in 1950.

• higher ; higher

• lower ; lower

• higher ; lower

• lower ; higher

In an open economy, national savings equals domestic investment...

• plus the government's budget deficit.

• minus net exports of goods and services.

• plus the net outflow of capital.

• minus foreign portfolio investment.

If the value of a nation's imports exceeds the value of its exports, which of the following is NOT true?

• Net exports are negative.

• GDP is less than total consumption, investment, and government purchases.

• Domestic investment is greater than national savings.

• The country is experiencing capital outflow.

If the Net Capital Outflow (NCO) of a country is negative, it means that:

• Capital flowing out of the country is greater than capital flowing into it

• The country invests more abroad than foreign capital invests in it

• Foreign capital invested in the country is greater than the country's investment abroad

• There is no difference between capital inflow and outflow

Which of the following can be a cause of a trade deficit?

• A country saves more and invests less in the economy

• A country imports more goods and services than it exports

• The net exports (NX) of the country have a positive value

• Foreign direct investment (FDI) decreases significantly

Which factor does imports directly affect in the balance of trade?

• Net exports (NX)

• Gross Domestic Product (GDP)

• Foreign investment

• Money supply

Which factor can influence a country's exports, imports, and net exports (NX)?

• The exchange rate between the domestic currency and foreign currencies

• Consumer Price Index (CPI) domestically

• Interest rates of the central bank

• Population of the country

Which formula represents the relationship between GDP and its components in the economy?

• Y=P×Q

• Y=C+I+G−NX

• Y=C+S+T

• Y=C+I+G+NX