When the value of exports exceeds the value of imports then
A) changes in productivity will occur.
B) international trade is in balance.
C) the country is running a trade deficit.
D) the country is running a trade surplus.
Correct Answer:
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Q35: When there is a current account deficit,
Q36: A reduction in a country's rate of
Q37: A summary of a country's economic transactions
Q38: When the balance of trade is in
Q39: The balance of trade is
A) the difference
Q41: An accounting identity
A) ensures that all balances
Q42: In the balance of payments, all of
Q43: An accounting identity is
A) when the balance
Q44: Any transaction that leads to a payment
Q45: In international trade, all payments and gifts
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