A country who has a trade deficit:
A. imports less than it exports.
B. has a negative trade balance.
C. sells more goods at home than it sells abroad.
D. requires more trade in order to solve a budgetary deficit.
B. has a negative trade balance.
Economics
You might also like to view...
What element of power is likely to increase in importance in the future, particularly outside of government institutions?
a. the power to create and to buy b. the power behind a military c. the power to collaborate d. the power to develop unique culture
Economics
Gross public debt is the amount of funds that
A) U.S. residents owe to foreign residents. B) the federal government owes to all holders of U.S. securities. C) the federal government owes to taxpayers. D) states owe to the federal government.
Economics