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Balance of Trade; Trade Deficit and Trade Surplus
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Balance of Trade; Trade Deficit and Trade Surplus
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21. Open-Economy Macroeconomics / Balance of Trade; Trade Deficit and Trade Surplus / Problem 3
Problem 3
What might a consistent negative trend in net exports indicate about a country's trade balance?
A
The country has balanced trade.
B
The country is experiencing a trade surplus.
C
The country is experiencing a persistent trade deficit.
D
The country is reducing its imports significantly.
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