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    Economics for Managers
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    Exam 15: International and Balance of Payments Issues in the Macro Economy
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    When a Country's Import Spending Exceeds Export Spending,the Country Is
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When a Country's Import Spending Exceeds Export Spending,the Country Is

Question 88

Question 88

Multiple Choice

When a country's import spending exceeds export spending,the country is experiencing a:


A) trade deficit.
B) trade surplus.
C) budget deficit.
D) none of the above.

Correct Answer:

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