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Grace [21]
3 years ago
10

Happyland Happyland, a country of about 48 million people with beautiful beaches, vast natural resources, and a highly skilled l

abor force, is encouraging foreign direct investment flows. The country has been exporting textiles, computer hardware, and software. The net result of trade is that Happyland exports far more goods and services and receives more income from abroad than it imports and pays abroad.
Looking at Happyland's international trade situation, the country is experiencing a ________.
A. current account deficit.
B. natural resources account surplus.
C. current account surplus.
D. capital account surplus.
Business
1 answer:
Whitepunk [10]3 years ago
7 0

Answer:

The correct answer is option C.

Explanation:

Happyland, a country of about 48 million people with beautiful beaches, vast natural resources, and a highly skilled labor force, is encouraging foreign direct investment flows.

The country exports textiles, computer hardware, and software.

The level of foreign trade in this country is such that they export more goods and services than they import.

This means that export earnings are more than their import payments.

So we can say that the country is having a current account surplus as it is receiving more and paying less in the current account.

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The North American Free Trade Agreement Group of answer choices is an example of the unilateral approach to free trade. eliminat
otez555 [7]

Answer:

reduced trade restrictions among Canada, Mexico and the United States.

Explanation:

The North American Free Trade Agreement reduced trade restrictions among Canada, Mexico and the United States.

The goal of The North American Free Trade Agreement was to eliminate barriers to trade and investment between the U.S., Canada and Mexico.

The implementation of NAFTA brought the immediate elimination of tariffs on more than one-half of Mexico's exports to the U.S. and more than one-third of U.S. exports to Mexico

6 0
4 years ago
The opportunity cost of receiving a 93 on the economics exam is ______ points on the statistics exam.
rosijanka [135]

The opportunity cost of receiving a 93 on the economics exam is productive efficient points on the statistics exam.

Whst is opportunity cost?

The "opportunity cost" of choosing one course of action over another is the potential profit lost due to a missed opportunity. Add all of the potential costs together to get the opportunity cost.

The economics are the examine the productive efficient of the opportunity cost. The production of the goods are the lowest cost as possible unit cost.

As a result, the opportunity cost of the 93 are the reciving of the productive efficient.

Learn more about on opportunity cost, here:

brainly.com/question/13036997

#SPJ4

6 0
2 years ago
ANSWER ONLY IF YOU KNOW
leva [86]
Answer:
True

Monetary policy is the control of the quantity of money available in an economy and the channels by which new money is supplied
3 0
2 years ago
Timberlake Company planned for a production and sales volume of 12,000 units. However, the company actually made and sold 13,000
Aleks04 [339]

Answer:

$65,000 Favorable  

Explanation:

  • Volume variance compute the difference due to volume of sales budgeted and actual sales qty.

  • Budgeted Selling pricec =780000 /12000 = 65

  • Sales volume variance = Budgeted Selling price (Actual sales qty-Budgeted Sales qty)  

65.00 (13000-12000) = 65000 Fav

 

Answer is $ 65000 Favorable      

5 0
3 years ago
You receive a call from "Credit Services." The person on the line compliments you on your great credit history and also informs
Murrr4er [49]
I took the test your answer is C
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