Balance in international trade suggests that:

Name: Balance in international trade suggests that:
Brand: Quizplus
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Question

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Balance in international trade means that the value of exports equals the value of imports, resulting in a net export value of zero. This means that neither a trade surplus (A) nor a trade deficit (C) exists. It also does not imply a net flow of goods and services from foreign countries to domestic firms (B) or domestic firms buying more foreign products than they sell (D).

Balance in International Trade Suggests That