Solved

A Foreign Trade Deficit Occurs When a Country's

Question 63

Multiple Choice

A foreign trade deficit occurs when a country's:


A) imports are greater than its exports.
B) tax revenue is greater than its expenditure.
C) savings rate is higher than its borrowing rate.
D) purchase of Treasury securities is more than sale of Treasury securities.
E) cash reserves are higher than the expenses.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents