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Is it better for a country to have a trade surplus

Assignment:

Aggregate Supply and Aggregate Demand (AS-AD) Model

According to the author, an open-economy macroeconomics introduces the basic concepts and vocabulary associated with macroeconomics in an international setting: net exports, net capital outflow, real and nominal exchange rates, and purchasing-power parity.

In this Assignment, you will be practicing the Global awareness.

View the following videos before starting your Assignment:

•"Is it Better for a Country to Have a Trade Surplus Rather than a Trade Deficit?"

"Please Explain the Model of Aggregate Demand and Aggregate Supply.

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Microeconomics: Is it better for a country to have a trade surplus

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