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Scenario 9.1 In a Given Year, Country a Exported $12 Million Worth

Question 58

Multiple Choice
Scenario 9.1
In a given year, country A exported $12 million worth of goods to country B and $6 million worth of goods to country C, country B exported $4 million worth of goods to country A and $7 million worth of goods to country C, and country C exported $5 million worth of goods to country A and $2 million worth of goods to country B.
-According to Scenario 9.1, country B is running a ____ with country A and a ____ with country C.

Scenario 9.1
In a given year, country A exported $12 million worth of goods to country B and $6 million worth of goods to country C, country B exported $4 million worth of goods to country A and $7 million worth of goods to country C, and country C exported $5 million worth of goods to country A and $2 million worth of goods to country B.
-According to Scenario 9.1, country B is running a ____ with country A and a ____ with country C.


A) trade deficit; trade surplus
B) trade surplus; trade surplus
C) trade surplus; trade deficit
D) trade deficit; trade deficit
E) balanced trade; trade deficit

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