Multiple Choice
Which of the following is true when a county is experiencing a trade deficit (NX < 0) ?
A) Demand for domestic goods is equal to the domestic demand for goods.
B) Demand for domestic goods is greater than the domestic demand for goods.
C) Demand for domestic goods is less than the domestic demand for goods.
D) A budget deficit exists.
Correct Answer:
Verified
Correct Answer:
Verified
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