Quiz set for the course of professor Tajoli, part 1: globalization, balance of payments. May your balance of trade be always equal to zero.
A middle-east oil exporter.
A relatively small country with a strong specialization in state-of-the-art microchips.
A rich country with high degree of productivity in different industries.
A relatively small country that export high-quality agricultural product
Degree of openness of these countries are not clear.
It remains constant.
It increase but not double.
There are not enough data to answer.
GDP + IMP
GDP - EXP
GDP + (IMP - EXP)
C + I + G
Current account: C, D; Financial and capital: A, B.
Current account: B, C; Financial and capital: A, D.
Current account: C; Financial and capital: A, B, D.
Current account: A, B; Financial and capital: C, D.
Beer produced by a not-listed company owned by an Ireland family that employs workers of different nationalities.
Beer company owned by Ireland citizens that owns no asset in Ireland but two production facilities in India.
Beer company that employs only Ireland citizens and sells only in Ireland but is owned by an US firm.
The production of these three alternatives are all included in the GNP.
There isn't a clear difference in GDP/GNP between developed and developing countries.
Here's an interesting quiz for you.