Which of the following statements is true about a country with a trade deficit?
A)Net exports are negative.
B)Net capital outflow must be positive.
C)Exports exceed imports.
D)Net exports are positive.
E)None of these answers.

Question

Quizplus · Accepted Answer

A trade deficit means that a country's imports exceed its exports. Therefore, net exports (exports minus imports) are negative.

Which of the Following Statements Is True About a Country