Question

2. Julie and Nick are residents of the United States. Julie buys stock of a corporation in Russia. Nick opens a restaurant in Austria. Whose purchase, by itself, decreases Russia's net capital outflow?
Select one:
a. both Julie's and Nick's

b. Nick's

c. neither Julie's nor Nick's

d. Julie's

3. Russia has exports of $28 million and imports of $26.5 million. Russia
Select one:
a. buys more from overseas then it sells overseas; it has a trade surplus.

b. sells more overseas then it buys from overseas; it has a trade deficit.

c. buys more from overseas then it sells overseas; it has a trade deficit.

d. sells more overseas then it buys from overseas; it has a trade surplus.

Answer 1

I can provide answer of question no 3 .Answer. I will appreciate by positive rating.

Answer 3) Option D) sells more overseas then it buys from overseas; it has a trade surplus

Russia has exports of $28 million and imports of $26.5 million. Russia sells more overseas then it buys from overseas; it has a trade surplus. Russia has trade surplus because exports are greater than imports . When exports are more as compared to imports represent that Russia sells more and buy less from overseas.