Which of the following occurs when a country imports more goods than it exports?

Name: Which of the following occurs when a country imports more goods than it exports?
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Question

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When a country imports more goods than it exports, it is referred to as a trade deficit. In other words, it means that the country is spending more on foreign goods than it is earning from its exports. This can lead to a negative balance of trade, which can have negative effects on the country's economy.

Which of the Following Occurs When a Country Imports More