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Last Year, the Island Nation of Winstone Imported Goods Totaling

Question 27

Multiple Choice

Last year, the island nation of Winstone imported goods totaling $300 million and exported products totaling $86 million. Tigerland experienced a(n)

A) unfavorable balance of trade.
B) favorable balance of trade.
C) trade surplus.
D) benefit from membership in a free trade zone.

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