In the event of a trade deficit,a developing country will most likely not cut imports of:
A)defense equipment.
B)services like insurance.
C)capital equipment.
D)food items.
E)electronic goods.

Question

Quizplus · Accepted Answer

Developing countries are heavily dependent on imports of food items as they might not have enough resources to produce food. Therefore, in the event of a trade deficit, developing countries are unlikely to cut imports of food items.

In the Event of a Trade Deficit,a Developing Country Will