If domestic residents of France purchase 1.2 trillion euros of foreign assets and foreigners purchase 1.5 trillion euros of French assets, then France's net capital outflow is
a ...3 trillion euros, so it must have a trade deficit.
b ...3 trillion euros, so it must have a trade surplus.
c. -.3 trillion euros, so it must have a trade surplus.
d. -.3 trillion euros, so it must have a trade deficit.
+2
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “If domestic residents of France purchase 1.2 trillion euros of foreign assets and foreigners purchase 1.5 trillion euros of French assets, ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Home » Business » If domestic residents of France purchase 1.2 trillion euros of foreign assets and foreigners purchase 1.5 trillion euros of French assets, then France's net capital outflow is a ...3 trillion euros, so it must have a trade deficit. b ...