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Last Year,the Nation of Kwansai Reported That It Had a Favourable

Question 176

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Last year,the nation of Kwansai reported that it had a favourable balance of trade even though it imported $11 billion worth of goods.This indicates that Kwansai:


A) overpriced the value of its exports.
B) exported $11 billion worth of goods.
C) exported more than $11 billion worth of goods.
D) exported less than $11 billion worth of goods.

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