DEL Quizzes - EC-202-20649 - Pril 1/d21/Ims/quizzing/user/attempt/quiz_start_frame_auto.d21?ou=424289&isprv=&drc=0&qi=832646&cfql=0&dnb=0&fromQB=0 30:00 Time Left:0:29:53 Eva ONDONGO NGALA: Attempt 1 Question 1 (1 point) 3 The is any gap between a nation's dollar value of its exports, or what its producers sell abroad, and a nation's dollar value of imports, or the foreign-made products and services that households and businesses purchase. 6 balance of trade (or trade balance) capital account financial account global account Question 2 (1 point) A trade deficit is when imports exceed exports (Net exports is negative). In other words, a current account deficit means that, the country is a net borrower from abroad. True False Question 3 (1 point) A trade surplus is when exports exceed imports (Net exports is positive). In other words, a positive current account balance means a country is a net lender to the rest of the world. MacBook Pro C G Search or type URL +