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Which of the Following Is True When a Country's Trade

Question 15

Multiple Choice

Which of the following is true when a country's trade position is balanced (i.e.,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) Neither a budget surplus nor deficit exists (i.e., G - T = 0) .

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