A trade _____ is an economic condition in which a nation imports more than it exports.
A) deficit
B) surplus
C) embargo
D) VER

Name: A trade _____ is an economic condition in which a nation imports more than it exports. A) deficit B) surplus C) embargo D) VER
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Question

A trade _____ is an economic condition in which a nation imports more than it exports.
A) deficit 
B) surplus 
C) embargo 
D) VER

Quizplus · Accepted Answer

A trade deficit occurs when a country imports more goods and services than it exports. This means that the country is spending more money on importing goods than it is earning from exporting goods.

A Trade _____ Is an Economic Condition in Which a Nation