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    Macroeconomics Study Set 39
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    Exam 6: The Open Economy
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    In an Open Economy
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In an Open Economy

Question 44

Question 44

Multiple Choice

In an open economy:


A) a trade deficit is always good.
B) a trade deficit is always bad.
C) a trade deficit may be good or bad.
D) a trade surplus is always bad.

Correct Answer:

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