*Only one of the following statements about trade surplus and capital flow is correct. Which one is it?
A. a trade surplus means that there is a net inflow of capital
B. a trade surplus means that there is a net outflow of capital
C. a trade surplus exists if there is a net inflow of capital excluding foreign borrowing and lending
D. a trade surplus exists if there is a net outflow of capital excluding foreign borrowing and lending
Answer:B
*Only one of the following statements about trade surplus and capital flow is correct. Which one is it?
A. a trade surplus means that there is a net inflow of capital B. a trade surplus means that there is a net outflow of capital C. a trade surplus exists if there is a net inflow of capital excluding foreign borrowing and lending D. a trade surplus exists if there is a net outflow of capital excluding foreign borrowing and lending
Explanation: Type: Multiple Choice