A trade deﬁcit means a net
A) inﬂow of payments for goods and services.
B) outﬂow of goods and services.
C) inﬂow of goods and services.
D) excess of exports over imports.

Name: A trade deﬁcit means a net A) inﬂow of payments for goods and services. B) outﬂow of goods and services. C) inﬂow of goods and services. D) excess of exports over imports.
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Question

Quizplus · Accepted Answer

A trade deficit occurs when a country imports more goods and services than it exports, meaning there is a net inflow of goods and services.

A Trade Deﬁcit Means a Net