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A Balance of Trade Deficit Exists When The

Question 8

Multiple Choice

A balance of trade deficit exists when the:


A) value of imports exceeds that of exports.
B) value of exports exceeds that of imports.
C) supply of imports exceeds the demand for them.
D) the value added by the exporting nation exceeds that added by the importing nation.
E) the value of exports and imports are about equal.

Correct Answer:

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