When imports exceed exports there is a(n) :
A) output gap.
B) trade balance.
C) trade surplus.
D) trade deficit.
Correct Answer:
Verified
Q70: If the United States has a $300
Q71: A trade deficit occurs when:
A)exports exceed imports.
B)imports
Q72: Net capital inflows equal:
A)capital inflows minus capital
Q73: Net exports plus net capital inflows equal:
A)net
Q74: From the point of view of a
Q76: Purchases of foreign assets by domestic firms
Q77: When a U.S. restaurant purchases French wine
Q78: When the Chinese government buys U.S. government
Q79: The value of exports minus the value
Q80: When exports exceed imports there is a(n):
A)output
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