What term is used when a country imports more goods and services than it exports?
A) trade surplus
B) credit
C) trade deficit
D) dividend

Name: What term is used when a country imports more goods and services than it exports? A) trade surplus B) credit C) trade deficit D) dividend
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Question

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A trade deficit occurs when the value of a country's imports exceeds the value of its exports. This means that the country is buying more goods and services from other countries than it is selling to them.

What Term Is Used When a Country Imports More Goods