A trade deficit is determined by measuring the difference between a nation's ________ and its ________.

Name: A trade deficit is determined by measuring the difference between a nation's ________ and its ________.
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Question

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A trade deficit occurs when a country's imports exceed its exports, meaning it is spending more on purchasing foreign goods and services than it is earning from selling its own goods and services to foreign countries. Therefore, the answer is C) imports; exports.

A Trade Deficit Is Determined by Measuring the Difference Between