If Country A runs a trade deficit against Country B one year, then it may continue to run a deficit for all time.

Name: If Country A runs a trade deficit against Country B one year, then it may continue to run a deficit for all time.
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Question

Quizplus · Accepted Answer

Trade deficits and surpluses can fluctuate over time due to changes in economic conditions, policies, and exchange rates. It is not necessarily predetermined that a country will always run a trade deficit or surplus with another country.

If Country a Runs a Trade Deficit Against Country B