When a country exports more goods and services than it imports,this is called
A) a balance of trade deficit.
B) a balance of trade surplus.
C) a positive terms of trade.
D) a negative terms of trade.
Correct Answer:
Verified
Q180: We are running a merchandise trade balance
Q181: Statement I: We import very similar products
Q182: Most economists _ tariffs and _ quotas.
A)favor;favor
B)oppose;oppose
C)favor;oppose
D)oppose;favor
Q183: Which statement is false?
A)Chinese factories have been
Q184: Japan has invested large sums of money
Q186: If the opportunity cost of producing one
Q187: Statement I: A strong case could be
Q188: Which statement is true?
A)Nations should strive for
Q189: Which statement is false?
A)Our 2009 trade deficit
Q190: Which statement if false?
A)If the U.S.can produce
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