*Under what conditions would a nation be viewed as being neither a net borrower nor a net lender in the international economy?
A. it has a low level of trade and a large trade surplus
B. it has a medium to high level of trade and a moderate trade surplus
C. it has a high level of trade and a moderate trade deficit
D. its trade balance is zero
Answer:D
*Under what conditions would a nation be viewed as being neither a net borrower nor a net lender in the international economy?
A. it has a low level of trade and a large trade surplus B. it has a medium to high level of trade and a moderate trade surplus C. it has a high level of trade and a moderate trade deficit D. its trade balance is zero
Explanation: Type: Multiple Choice