Asked by Diana Imangeldieva on May 21, 2024
Verified
When net exports are negative,there is a trade __________.
Trade Deficit
An economic measure where a country's importation of goods exceeds its exportation, reflecting a net outflow of domestic currency to foreign markets.
- Absorb the rudimentary concepts of trade balances, paying special attention to the difference between a trade surplus and a deficit.
Verified Answer
MM
Learning Objectives
- Absorb the rudimentary concepts of trade balances, paying special attention to the difference between a trade surplus and a deficit.
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