Ask Question
24 June, 04:13

In which situation does a trade deficit occur?

when a country focuses on a specific good.

when a country imports more than it exports.

when foreign resources are used instead of domestic resources.

when economic activity happens without government involvement.

+5
Answers (2)
  1. 24 June, 04:27
    0
    When a countrh focuses on a specific good
  2. 24 June, 05:00
    0
    Answer: B: when a country imports more than it exports.

    Explanation:

    trade def·i·cit

    /ˌtrād ˈdefəsət/

    noun

    the amount by which the cost of a country's imports exceeds the value of its exports.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “In which situation does a trade deficit occur? when a country focuses on a specific good. when a country imports more than it exports. when ...” in 📙 History 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