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    Exam 11: Measuring Macroeconomic Activity
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    A Trade Balance Where Exports Exceed Imports Is Called
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A Trade Balance Where Exports Exceed Imports Is Called

Question 53

Question 53

Multiple Choice

A trade balance where exports exceed imports is called:


A) trade surplus.
B) trade deficit.
C) budget deficit.
D) none of the above.

Correct Answer:

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