Question
If the dollar value of U.S. imports exceeds the dollar value of U.S. exports Group of answer choices The United States is suffering a trade
If the dollar value of U.S. imports exceeds the dollar value of U.S. exports
Group of answer choices
The United States is suffering a trade deficit
The United States is enjoying a trade surplus
Allocative efficiency is guaranteed
The United States has a balance of trade
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Managerial Economics Foundations of Business Analysis and Strategy
Authors: Christopher Thomas, S. Charles Maurice
11th edition
978-0078021718
