Ask Question
12 December, 23:54

Which of these best describes a situation in which a country has a "trade deficit"?

+2
Answers (1)
  1. 13 December, 00:35
    0
    I had to look for the options and here is my answer:

    The one that best illustrates a scenario that shows a country having a "trade deficit" is when their imports exceed their exports. This means that they have spent more on imports than what they earn on their exports and this creates an imbalance in the nation's economy.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Which of these best describes a situation in which a country has a "trade deficit"? ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers