Trade distortion effects increases estimates of the United States' trade deficit with China. To what degree do you agree or disagree with this statement. Be sure to provide reasons why.

Graphically, when is the balance of trade equal to zero? Multiple Choice   When the rising IM line intersects the horizontal X line.   When the rising X line intersects the horizontal IM line.   When the rising IM line intersects the horizontal axis.   When the rising X line intersects the horizontal axis.

Week 6: Question Number 6.2. You are an IMF official going to a country whose export earnings are not able to pay for imports. The government has requested a loan from the IMF. Which areas would you recommend the government to cut: (1) education, (2) salaries for officials, (3) food subsidies, and/or (4) tax rebates for exporters?

It is impossible that a country runs a negative trade balance over decades.  True  False