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    Financial System and the Economy Principles
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    Exam 16: How Exchange Rates Are Determined
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    When US Merchandise Imports Are Greater Than Exports, the United States
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When US Merchandise Imports Are Greater Than Exports, the United States

Question 10

Question 10

Multiple Choice

When U.S. merchandise imports are greater than exports, the United States is running a


A) trade deficit.
B) trade surplus.
C) trade balance.
D) capital account surplus.

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