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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 Imports Exceed Its Exports
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A ________ Occurs When a Country's Imports Exceed Its Exports

Question 168

Question 168

Multiple Choice

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


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

Correct Answer:

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