If a country's goods exports are less than its goods imports, then it experiences a:
a. balance of payments surplus. b. balance of payments deficit.
c. balance of trade surplus. d. balance of trade deficit.
d
Economics
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Deflation is defined as
A. a decrease in the inflation rate. B. a fall in the average price level. C. a period during which the average price level is low. D. a low rate of change in average prices.
Economics
Between 1929 and 2005 in the United States, as measured by the Lorenz curve, income inequality:
a. was greater. b. remain unchanged. c. was less. d. increased sharply.
Economics