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The Government of Gredland, a Small Country, Realizes That Gredland's

Question 24

Multiple Choice

The government of Gredland, a small country, realizes that Gredland's imports have been disproportionately higher than its exports for the past five years. From the given information, it can be said that Gredland does not have an ideal _____.


A) free-trade policy
B) balance of trade
C) subsidy rate
D) bilateral agreement

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