A country can have a negative balance of trade and a positive balance of goods and services.

Name: A country can have a negative balance of trade and a positive balance of goods and services.
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Question

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A negative balance of trade means a country is importing more goods and services than it is exporting. However, it is possible for a country to have a positive balance of goods and services if it is exporting more valuable goods and services than it is importing.

A Country Can Have a Negative Balance of Trade and a Positive