Answer:
Positive economic statements refers to the statements which are normally fact based, precise and easily measurable. For example, education facilities provided by the government increases the public expenditure. This is a fact based statement and the value of this statement is not judged. It can be proven by researching about the education facilities provided by the government.
Normative economic statements refers to the statements which are value based and opinion oriented. These statements includes the people desirability, feelings, situations, economic development. The basic aim of these statements is summarize the people's wants into the programs and the economic development by asking various questions.
Answer:
<u><em>No, Trade deficits occur when a country's investment spending is higher than its level of saving</em></u>
Explanation:
As sad above trade deficits occur when a country's investment spending is higher than its level of saving but it is not a serious problem .
Trade deficit is that in which the imports are more than the export.Trade deficit can cause problem like balance of payment which affects the shortage of foreign exchange and this situation can hurt the countries. Trade deficits not only affects foreign exchange but it also affects the economic stability and growth process.
The trade balance can corrected by consuming less and by saving more , and even by depreciate the exchange rate.
Answer:
I answered this in your other question However... Different countries have different advertising/promotional laws. Plus you have no target market if you're creating a promotional message to use for all countries. Also, assuming if your promotional message inspired, say a person in Africa, a person in Russia, a person in China, and a person in Japan bought a product from your promotion, you would have to ship to all of those countries with extreme shipping rates.
