When a country imports more than it exports, it has a:
A) trade deficit.
B) trade surplus.
C) zero trade balance.
D) policy which forbids exportation.

Question

Quizplus · Accepted Answer

When a country imports more than it exports, it has a trade deficit. This means that the country is spending more money on importing goods and services from other countries than it is earning from exporting its own goods and services to other countries.

When a Country Imports More Than It Exports, It Has