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Macmillan Learning Suppose the country of Lilliput exported $241 billion worth of goods and imported $445 billion worth of goods in the last calendar
Macmillan Learning Suppose the country of Lilliput exported $241 billion worth of goods and imported $445 billion worth of goods in the last calendar year. a. Calculate Lilliput's balance of trade. SA $ b. Which type of trade balance is Lilliput running? a trade deficit Oneither a trade deficit nor a trade surplus a trade surplus billion
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