A country experiencing a serious trade deficit is not as likely to expand imports as it would be if running a surplus.

Name: A country experiencing a serious trade deficit is not as likely to expand imports as it would be if running a surplus.
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Question

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A country experiencing a serious trade deficit is spending more on imports than it is earning from exports, which typically leads to a reduction in foreign currency reserves and might prompt the country to limit imports to balance its trade.

A Country Experiencing a Serious Trade Deficit Is Not as Likely