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A balance-of-trade surplus exists A. if the dollar value of exports exceeds the dollar value of imports. B. if the dollar value of imported capital

A balance-of-trade surplus exists

A. if the dollar value of exports exceeds the dollar value of imports.

B. if the dollar value of imported capital exceeds the dollar value of exports.

C. only if there is relative price inflation domestically.

D. only if full employment exists domestically.

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