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Which of the Following Statements Is False

Question 108

Multiple Choice

Which of the following statements is false?


A) When the value of a country's imports is greater than the value of its exports,the country's net exports will be a positive value.
B) A country is running a trade deficit when the value of its imports is greater than the value of its exports.
C) A country is running a trade surplus when the value of its exports is greater than the value of its imports.
D) Net exports are sometimes referred to as the balance of trade.

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