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    Exam 1: Trade in the Global Economy
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    If the Value of a Nation's Imports Is More Than
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If the Value of a Nation's Imports Is More Than

Question 123

Question 123

Multiple Choice

If the value of a nation's imports is more than the value of its exports, then the nation is experiencing:


A) a trade deficit.
B) a trade surplus.
C) balanced trade.
D) a trade balance.

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