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Assume that last month China exported goods worth 250 billion yuan and imported goods worth 231.6 billion yuan. This month Chinas exports are 259.7 billion
Assume that last month China exported goods worth 250 billion yuan and imported goods worth 231.6 billion yuan. This month Chinas exports are 259.7 billion yuan and their imports are 266.9 billion yuan. Compute Chinas trade balance for each of the past two months separately. Over the entire period of the two months, did China experience a trade imbalance? Explain
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