A country with a trade surplus currently produces more than it consumes.
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Q68: GDP records all economic transactions of a
Q69: In calculating a country's GDP, we need
Q70: If imports rise and everything else remains
Q71: Real GDP is equal to the difference
Q72: When a country has a trade surplus
Q74: A country's trade balance indicates a mismatch
Q75: The sum of leakages from the income
Q76: When the level of saving and taxes
Q77: Taxes and savings are leakages of income.
Q78: Outflows of income include imports and taxes.
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