If a country has a trade deficit of $30 billion, which of the following can be true?
A) The country's exports are $150 billion, and its imports are $120 billion.
B) The country's exports are $110 billion, and its imports are $140 billion.
C) The country's exports are $120 billion, and its imports are $140 billion.
D) The country's exports are $140 billion, and its imports are $40 billion.
Correct Answer:
Verified
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A)
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