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When a Country Has a Trade Deficit

Question 15

Multiple Choice

When a country has a trade deficit:


A) the country has chosen present consumption over future consumption.
B) the country has chosen future consumption over present consumption.
C) the country's exporters must be facing restrictive trade barriers abroad.
D) the country has chosen saving over consumption in order to grow faster in the future.
E) the country is not consuming enough.

Correct Answer:

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