If a country sells fewer goods and services abroad than it buys from other countries, it is said to have a trade
A)surplus and positive net exports.
B)surplus and negative net exports.
C)deficit and positive net exports.
D)deficit and negative net exports.

Question

Quizplus · Accepted Answer

When a country sells fewer goods and services abroad than it buys from other countries, it is said to have a trade deficit, which results in negative net exports. This means the value of imports exceeds the value of exports.

If a Country Sells Fewer Goods and Services Abroad Than