Scenario: A country imported goods and services worth $40 billion and exported goods and services worth $37.8 billion during a particular year.
-Refer to the scenario above.This scenario implies that the country experienced a ________ during that year.

Question

Quizplus · Accepted Answer

The country imported more goods and services (worth $40 billion) than it exported (worth $37.8 billion), resulting in a trade deficit.

Scenario: a Country Imported Goods and Services Worth $40 Billion