QUESTION 24 A government will an industry if it wants to promote exports of the good it produces. This allows the good to be sold in foreign countries at a price. A government will impose on goods for which it wants to lower the importation from foreign countries. QUESTION 25 Which of the following statements is true? QA X > M: Balance of Trade Surplus, GDP down, ceteris paribus. OB x > M: Balance of Trade Surplus, GDP up, ceteris paribus. OCX > M: Balance of Trade Deficit, GDP down, ceteris paribus. OP.M > X: Balance of Trade Deficit, GDP up, ceteris paribus