A country that imports more goods than it exports is said to have a(n):
A)positive trade surplus
B)positive balance of payment
C)favorable balance of trade
D)unfavorable balance of trade
E)positive trade deficit

Question

Quizplus · Accepted Answer

A country that imports more goods than it exports has an unfavorable balance of trade, meaning it spends more on imports than it earns from exports.

A Country That Imports More Goods Than It Exports Is