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Balance in international trade suggests that a. a trade surplus exists. b. there is a net flow of goods and services from foreign countries to

Balance in international trade suggests that

a.

a trade surplus exists.

b.

there is a net flow of goods and services from foreign countries to domestic firms.

c.

a trade deficit exists.

d.

domestic firms buy more foreign products than they sell.

e.

the value of net exports is zero.

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