The value of goods imported into France exceeds the value of French exports. This indicates that France:
A) has an exchange rate decrease.
B) utilizes high tariffs.
C) has a budget deficit.
D) has a trade deficit.

Question

Quizplus · Accepted Answer

When the value of goods imported into a country exceeds the value of its exports, the country is said to have a trade deficit. This indicates that France is importing more goods than it is exporting and is therefore experiencing a trade deficit.

The Value of Goods Imported into France Exceeds the Value