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  • If a country's exports of goods exceed its imports of goods, it has a #341
  • If France has a trade deficit, then #342
  • If all international factor payment flows are investment income, then net investment income from abroad equals #343
  • If the United States sells computers to Russia, and uses the proceeds to buy shares of stock in Russian companies, the U.S. trade balance... and the U.S. financial account balance …. #344
  • The current account balance consists of #345
  • The sum of net exports of goods and services, net income from abroad, and net unilateral transfers equals #346
  • The difference between the current account balance and net exports is #347
  • If a U.S. firm buys tulips from a Dutch firm and the Dutch firm uses the dollars it gets to buy U.S. stocks, the U.S. trade balance … and the U.S. financial account …. #348
  • In analyzing macroeconomic data during the past year, you have discovered that average labor productivity fell, but total output increased. What was most likely to have caused this? #349
  • Between 1870 and 2010, among the United States, Germany, Japan, and Australia, grew at the fastest rate and grew at the slowest rate. #350
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