When one country buys more from another single country than it sells to it, it is said to be experiencing:
A)economic dualism.
B)double counting.
C)symmetrical trade.
D)internationalization.
E)bilateral trade deficit.

Question

Quizplus · Accepted Answer

The described scenario is known as a bilateral trade deficit, which occurs when one country imports more goods and services from another country than it exports to that country. This can lead to economic imbalances and political tensions between the two countries.

When One Country Buys More from Another Single Country Than