The value of exported items to the United Kingdom equals $1 trillion last year,but the value of items imported by the United Kingdom equals $750 billion.The United Kingdom has a $250 billion _____.
A) trade deficit
B) trade surplus
C) trade volume
D) trade debit
Correct Answer:
Verified
Q11: Trade embargoes are politically motivated trade sanctions
Q12: Roc&All Inc.imports large quantities of goods into
Q13: Which of the following is a difference
Q14: Calls for protection are only limited to
Q15: Monitoring and nurturing the absolute advantage of
Q17: The Wealth of Nationsby Adam Smith,published in
Q18: In order for free trade to continue,it
Q19: An exporting country will never voluntarily agree
Q20: Which of the following statements is true
Q21: In the context of the product life
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents