题目
FA25 ECON 302 002 Homework #11 (International Trade)
多重下拉选择题
Economic theory tells us that countries that grow faster than the global economy as a whole should run a trade [ Select ] surplus deficit , but some of them do not. What do (at least some of) these countries that violate this "rule" have in common? They have [ Select ] rapidly growing populations rapidly aging populations high birth rates and therefore they save [ Select ] more less then they invest.
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标准答案
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思路分析
The question asks us to identify common features of countries that grow faster than the global economy but don’t conform to the usual rule about trade outcomes.
First, consider the trade outcome: the blank here should be filled with a term that describes a country’s international trade balance when growth outpaces the world average. If a country grows rapidly relative to the world, one expects it to run a deficit in many cases because investment dema......Login to view full explanation登录即可查看完整答案
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类似问题
And finally, using the same information, you expect Italy's trade balance to be ______ in 1990.
Based on the same information, you expect Australia's trade balance to be ______ in 1990.
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You have the following data for GDP per capita in 1990 and in 2024: Japan Australia Italy World 1990 $25,265 $18,249 $23,297 $6,803 2024 $33,960 $64,550 $41,090 $14,210 Based on this information, you expect Japan's trade balance to be ______ in 1990. Hint: Compute the average annual growth rate of GDP per capita between 1990 and 2023 for each country and the world economy to answer this question. Round the growth rates to the nearest tenth of a percent.
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