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, resulting in a net inflow of goods and services.

A Trade Deficit Means a Net