If a country has a trade deficit,it:

Name: If a country has a trade deficit,it:
Brand: Quizplus
Rating: 4.9 (53 reviews)

Question

Quizplus · Accepted Answer

A trade deficit occurs when a country imports more goods and services from other countries than it exports to them. Therefore, choice A is the correct option. Option B is incorrect as a trade deficit implies that a country is exporting some goods. Option C is not necessarily true as the level of trade dependence varies from country to country. Option D describes a trade surplus, which is the opposite of a trade deficit.

If a Country Has a Trade Deficit,it