Trade deficit refers to the:
A)amount of borrowing that a country does from either the private sector or other countries.
B)market value of all final goods and services produced within a country in a given period.
C)accounting record of all monetary transactions between a country and the rest of the world.
D)value of imports being greater than the value of exports.
E)net inflow of investment to acquire a lasting management interest in an enterprise operating in an economy other than that of the investor.

Question

Quizplus · Accepted Answer

A trade deficit occurs when a country's imports exceed its exports, meaning it is buying more goods and services from other countries than it is selling to them.

Trade Deficit Refers to The