Business

Deanna

6 June, 21:23

Consider the following statement: "A trade deficit means that a nation is receiving more goods and services from abroad than it is sending abroad."

A trade deficit is considered "unfavorable" because it

A. causes the savings rate to decline.

B. must be financed by borrowing from the rest of the world.

C. increases exports more than imports.

D. allows the Unites States to consume outside its production possibilities curve.

+4

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