If imports exceed exports, is it a trade deficit or a trade surplus? What about if exports

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If imports exceed exports, is it a trade deficit or a trade surplus? What about if exports exceed imports?

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Principles Of Economics

ISBN: 9781506699868

2nd Edition

Authors: OpenStax

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Question Posted: Nov 01, 2023 04:44 AM

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If imports exceed exports, is it a trade deficit or a trade surplus? What about if exports

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If imports exceed exports it results in a trade deficit A trade deficit occurs when a ...View the full answer

Principles Of Economics

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