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If imports exceed exports, is it a trade deficit or a trade surplus? What about if exports exceed imports? Also, what three factors will determine
If imports exceed exports, is it a trade deficit or a trade surplus? What about if exports exceed imports? Also, what three factors will determine whether a nation has a higher or lower share of trade relative to its GDP? Share your thoughts
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Managerial Economics and Business Strategy
Authors: Michael Baye, Jeff Prince
8th edition
9780077802615, 73523224, 77802616, 978-0073523224
