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    Exam 5: International Trade Theory
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    The Condition That Results When the Value of a Country's
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The Condition That Results When the Value of a Country's

Question 88

Question 88

Multiple Choice

The condition that results when the value of a country's imports is greater than the value of its exports is called ________.


A) a trade deficit
B) economies of scale
C) a trade surplus
D) absolute advantage

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