When a nation imports are more than it exports, economists say it has which of the following? a. a trade surplus b. a balance of trade c. a trade deficit d. a national difference

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Irvin Kidd

7 February, 18:01

When a nation imports are more than it exports, economists say it has which of the following? a. a trade surplus b. a balance of trade c. a trade deficit d. a national difference

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Casey Braun · Answer 1

When a nation imports are more than it exports, economists say that it has a trade deficit. The opposite would be if it exports more than it imports, it would be a trade surplus.