Which of the following statements is true about a country with a trade deficit?
A) Net exports are negative.
B) Net capital outflow must be positive.
C) Exports exceed imports.
D) Net exports are positive.
E) none of these answers

Question

Quizplus · Accepted Answer

A trade deficit occurs when a country's imports exceed its exports, which means that net exports (exports minus imports) are negative.

Which of the Following Statements Is True About a Country