A trade deficit refers to a situation where:
A. Government spending (including transfer payments) exceeds tax revenues
B. A nation's purchases from other nations are less than its sales to other nations
C. Assets are less than liabilities
D. Exports are less than imports
D. Exports are less than imports
Economics
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Which of the following countries is not a member of the European Union?
A) Portugal B) Switzerland C) Slovakia D) Malta
Economics
When the Dutch East India Company was founded in 1602, it raised financial capital by issuing notes of indebtedness called
A) stocks. B) bonds. C) funds. D) notes.
Economics