--%>
Assignment Help - homework help

Define balance of trade

Balance of trade: It is the distinction between imports and exports of a country which are valued.

   Related Questions in Microeconomics

  • Q : Marginal revenue-product of the labor

    The monopsonist will hire labor till labor's marginal resource cost equivalents the: (p) The value of average product of labor. (q) Price of labor. (r) Marginal revenue product of labor. (s) Marginal physical product. Choose the ri

    		•
  • Q : Capital Labor Ratios and Income Assume

    Assume that half of the world population, randomly certain, was magically vaporized through space aliens, although no other aspect of life onto Earth was influenced. Ignoring any psychological trauma that calamity might entail, upon average, the economic

  • Q : Problem regarding to demography of

    Onto average, African-Americans into the U.S., when compared to whites: (1) earn lower incomes. (2) have less education. (3) experience higher rates of unemployment. (4) are less likely to be capable to retire on Social Security. (5) All of the above.

    Q : Output level at demand in a

    Babble-On maintains world-wide patents for software which translates any of 314 spoken languages within text, with automatic audio and text translations in any of the other three-hundred-thirteen languages. Babble-On will never intentionally produce as well as sell vo

    		•
  • Q : Reform National Welfare Before the

    Before the national welfare reform of 1996s, where Aid to Families with Dependent Children [AFDC]: (w) was the principal government program intended to alleviate poverty. (x) was exempt from any form of taxation. (y) generated pressur

    		•
  • Q : Dollar revenues and accounting costs

    Can someone please help me in finding out the most accurate answer from the following question? The Accounting profit is the difference among: (1) Dollar revenues and accounting costs. (2) Net revenue and economic cost. (3) Accounting cost and economic cost. (4) Psych

    		•
  • Q : Barriers to entry and long run

    A firm which realizes an economic profit in the short run will carry on generating economic profits in the long run only when: (i) it maximizes economic revenue. (ii) barriers to entry prevent entry from rival firms. (iii) its managers minimize princi

    		•
  • Q : Percentage changes in quantity supplied

    The price elasticity of supply can be very approximately computed as the percentage change within: (w) responsiveness of price to variations within the quantity supplied. (x) quantity divided through the intercept coefficient of the supply curve. (y)

    		•
  • Q : Open market operation-Deficient demand

    Open market operation signifies to the sale and purchase of securities by the Central Bank in case of deficient demand whenever AD falling short of AS at full employment, the Central Bank purchases securities in open market and makes payment to the se

    		•
  • Q : Determine constant elasticities of

    Which of the given demand curves have constant elasticities of demand as follows: (w) A vertical demand curve. (x) A horizontal demand curve. (y) A rectangular hyperbola. (z) All of the above. Hello guys I want you

    		•