Over a given period of time,if imports are greater than exports,the result is
A) A trade war.
B) A trade deficit.
C) An embargo.
Correct Answer:
Verified
Q12: When comparing the ratio of trade to
Q13: Specialization in production
A)Decreases total world output.
B)Increases output.
C)Reduces
Q14: A country's export ratio is
A)The ratio of
Q15: The United States imports heavily in all
Q15: Based on export ratios, which of the
Q16: According to the text,which of the following
Q18: Goods and services purchased from international sources
Q19: Goods and services sold to foreign buyers
Q21: The expansion of world output as a
Q22: Consumption possibilities,during a given time period,refer to
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