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  3. Study Set
    Principles of Microeconomics
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    Exam 20: Exchange Rates, Balance of Payments, and International Debt
  5. Question
    Having a Chronic Trade Deficit Is a Problem, but for Countries
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Having a Chronic Trade Deficit Is a Problem, but for Countries

Question 74

Question 74

True/False

Having a chronic trade deficit is a problem, but for countries that have chronic trade surpluses, the consequences are just as problematic.

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