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    Exam 5: The Wealth of Nations: Defining and Measuring Macroeconomic Aggregates
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    A ________ Occurs When a Country's Exports Exceed Its Imports
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A ________ Occurs When a Country's Exports Exceed Its Imports

Question 115

Question 115

Multiple Choice

A ________ occurs when a country's exports exceed its imports.


A) trade deficit
B) trade surplus
C) budget surplus
D) fiscal deficit

Correct Answer:

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