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Assume that the table below summarizes the trade data of Colombia and Bolivia last year. Based on these data, which of the two countries would

Assume that the table below summarizes the trade data of Colombia and Bolivia last year. Based on these data, which of the two countries would you conclude had a trade deficit (or trade surplus) last year? Colombia Bolivia Exports $100 billion $45 billion Imports $80 billion $62 Billion Group of answer choices Colombia had a trade deficit. Bolivia had a trade surplus. Both countries had a trade surplus. Both countries had a trade deficit. Bolivia had a trade deficit

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