Multiple Choice
A country has a trade deficit when
A) imports exceed exports.
B) imports equal exports.
C) exports exceed imports.
D) exports are zero.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q51: The principal distinction between positive analysis and
Q52: Many people perceive erroneously that most macroeconomists
Q53: In 1993,the debate heated up in the
Q54: Why were the U.S.government budget deficits of
Q55: Before World War II,the average level of
Q57: The unemployment rate is the<br>A)number of unemployed
Q58: What is meant by aggregation? Why is
Q59: Equilibrium in the economy means<br>A)unemployment is zero.<br>B)quantities
Q60: What are the major factors affecting the
Q61: When national output declines,the economy is said