A trade surplus occurs when:
A) a government spends more than it receives in tax revenue.
B) a government spends less than it receives in tax revenue.
C) the value of a country's imports exceeds the value of its exports.
D) the value of a country's exports exceeds the value of its imports.
Correct Answer:
Verified
Q3: A trade surplus occurs when the value
Q4: A trade _ occurs when the value
Q5: If country A exports $10 billion worth
Q6: When a country's exports exceed its imports,that
Q7: A trade deficit occurs when the value
Q9: We call the yearly summary of all
Q10: The United States currently has a net
Q11: Most people run a private:
A) trade deficit
Q12: What occurs when the value of a
Q13: A trade deficit occurs when:
A) a government
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