A Country's Budget Constraint States That

A country's budget constraint states that

A) real income in the exporting country must be equal to real income in the importing country.
B) unless a country engages in trade, the value of goods consumed cannot exceed the value of goods produced.
C) a country will engage in trade only if the value of goods consumed exceeds the value of goods produced.
D) a country will engage in trade only if the value of goods produced exceeds the value of goods consumed.
E) whether or not a country engages in trade, the value of goods consumed must be equal to the value of goods produced.