Multiple Choice
When a country's imports exceed its exports,the nation has a ________.
A) balance of payments
B) trade deficit
C) competitive advantage
D) trade surplus
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q7: What countries comprise NAFTA?
Q7: Discuss the differences between absolute advantage and
Q76: How has NAFTA influenced international trade?
Q109: Other than a quota,embargo,or tariff,what legal barriers
Q170: Many countries require that products sold in
Q171: What is the goal of the World
Q173: An importer is a firm that makes
Q174: Short Case Scenario 4-1<br>Nokia Corporation, headquartered in
Q178: In some South American countries,it is sometimes
Q179: Assume that the United States requires that