When a country's export spending exceeds import spending, the country is experiencing a:

A) trade deficit.
B) trade surplus.
C) budget deficit.
D) none of the above.

B

Economics

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The required reserves of a bank equal its ________ the required reserve ratio

A) loans divided by B) deposits divided by C) deposits multiplied by D) loans multiplied by

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Supply-side tax cuts also tend to reduce aggregate demand and promote recession

a. True b. False Indicate whether the statement is true or false

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