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Peru Has Exports of $31

Question 154

Multiple Choice

Peru has exports of $31.5 million and imports of $30 million.Peru


A) sells more overseas then it buys from overseas;it has a trade deficit.
B) sells more overseas then it buys from overseas;it has a trade surplus.
C) buys more from overseas then it sells overseas;it has a trade deficit.
D) buys more from overseas then it sells overseas;it has a trade surplus.

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