About the magnitude of the deficit

Assignment Help Business Economics

Reference no: EM13817912 , Length: 500-600 Words

1. The United States is a net exporter of services to China. What does this imply about the magnitude of the deficit in the U.S. balance on goods and services with China compared with the size of the U.S. merchandise trade deficit with China?

2. Why does a portion of Chinese residents’ expenditures on goods and services exported from the United States to China likely add to the earnings of Chinese firms and those firms’ managers and workers?

Reference no: EM13817912

Questions Cloud

Characteristic of the health care system : Which is a characteristic of the German health care system?

Effects of the increased government spending are immediate : Suppose the GDP is $40 billion below its potential level. It is expected that next-period GDP will be $20 billion below potential and that two periods from now it will be back at its potential level. You are told that the multiplier for government sp..

Evaluate the argument that monetary policy : Evaluate the argument that monetary policy should be determined by a rule rather than discretion. How about fiscal policy?

Marketing and production-competitive environment : Boat is a product of the Baldwin Company which is primarily in the Nano segment, but is also sold in another segment. Baldwin starts to create their sales forecast by assuming all policies (R&D, Marketing, and Production) for all competitors are equa..

About the magnitude of the deficit : The United States is a net exporter of services to China. What does this imply about the magnitude of the deficit in the U.S. balance on goods and services with China compared with the size of the U.S. merchandise trade deficit with China?

Massive increase in government spending : Suppose that in voting fraud around the country the government is forced to spend billions of dollars in legal fees. Analyze the effects of such a massive increase in government spending in both the classical and fixed price Keynesian models when the..

How can queuing promote equity : How can queuing promote equity?

Fluctuations in the pace of growth of labor productivity : Participate in a discussion with your classmates regarding where you see the U.S. economy in its business cycle right now, as based on the economic concepts in the textbook. Now that we learned that the real business cycle results from fluctuations i..

Replace the idea of the globally integrated enterprise : Presuming IBM’s evolutionary perspective best represents the path to the future of change, speculate what MNE will eventually replace the idea of the globally integrated enterprise.

User Account

All Pages