Kizspy | Question: 33
(Choose 1 answer)
If residents of Germany purchase 1.2 trillion euros in foreign assets and foreigners purchase 1.5 trillion euros in German assets, what is Germany's net capital outflow?
A. -0.3 trillion euros, indicating a trade deficit.
B. -0.3 trillion euros, indicating a trade surplus.
C. 0.3 trillion euros, indicating a trade deficit.
D. 0.3 trillion euros, indicating a trade surplus.
