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    Exam 20: International Trade, Comparative Advantage, and Protectionism
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    When a Nation's Net Exports Are Equal to Zero, It
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When a Nation's Net Exports Are Equal to Zero, It

Question 108

Question 108

Multiple Choice

When a nation's net exports are equal to zero, it has a


A) surplus in trade.
B) shortage in trade.
C) balanced trade.
D) deficit in trade.

Correct Answer:

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