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  3. Study Set
    Principles of Microeconomics
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    Exam 20: International Trade, Comparative Advantage, and Protectionism
  5. Question
    A Country's Trade Is Balanced When
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A Country's Trade Is Balanced When

Question 8

Question 8

Multiple Choice

A country's trade is balanced when


A) its imports exceeds its exports.
B) its government expenditures are equal to its tax revenues.
C) its net exports equal to zero.
D) its net exports are greater than zero.

Correct Answer:

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