If Germany exports $100,000 of sauerkraut to Jamaica and purchases $100,000 of Blue Mountain coffee beans from Jamaica, Germany has
A) an overall favorable balance of trade.
B) an overall unfavorable balance of trade.
C) a favorable balance of trade with Jamaica.
D) neither a favorable nor an unfavorable balance of trade with Jamaica.
E) an unfavorable balance of trade with Jamaica.
Correct Answer:
Verified
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