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    Principles of Economics
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    Exam 32: A Macroeconomic Theory of the Open Economy
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    If Exports Are Greater Than Imports, the Country Is Said
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If Exports Are Greater Than Imports, the Country Is Said

Question 43

Question 43

Multiple Choice

If exports are greater than imports, the country is said to have a:


A) trade advantage
B) trade balance
C) trade surplus
D) trade deficit

Correct Answer:

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