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If SA Imports Total R100 Billion and SA Exports Total

Question 5

Multiple Choice

If SA imports total R100 billion and SA exports total R150 billion, which of the following would be true?


A) SA net exports equal R150 billion.
B) The SA has a trade surplus of R50 billion.
C) The SA has a trade deficit of R100 billion.
D) The SA has a trade deficit of R50 billion.

Correct Answer:

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