When the value of a country's imports exceeds the value of its exports, the country has a(n) ________.

Question

Quizplus · Accepted Answer

When the value of a country's imports exceeds the value of its exports, the country has a trade deficit. This means that the country is spending more on foreign goods and services than it is earning from its own exports. This can lead to issues with the country's currency and balance of payments.

When the Value of a Country's Imports Exceeds the Value