16. In an open economy, if a country has a trade surplus, which is NOT correct...

16. In an open economy, if a country has a trade surplus, which is NOT correct ____?

A. Exports > Imports.

B. Y < C + I + G

C. Saving > Investment

D. Net capital outflow > 0

Expert Solution

The correct answer is an option (B).

An explanation is given below:

Rahul Sunny answered 2 years ago

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