In international trade, if a country has a trade deficit, it means the:
A) value of the country's imports exceeds the value of its exports.
B) country is maintaining its imports and increasing its level of exports.
C) country is not paying its international debts.
D) value of the country's exports exceeds the value of its imports.
E) country is a developing nation.
Correct Answer:
Verified
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Q10: A country's trade balance is the:
A) relationship
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Q13: Which of the following has NOT contributed
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