Multiple Choice
A country sells more to people overseas than it buys from them. Which of the following correctly identifies the effects of these transactions?
A) The country will have a trade surplus and positive net exports.
B) The country will have a trade surplus and negative net exports.
C) The country will have a trade deficit and positive net exports.
D) The country will have a trade deficit and negative net exports.
Correct Answer:
Verified
Correct Answer:
Verified
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