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23 April, 10:33

If a country pays out more money to other countries than it receives from other countries, what type of balance of payments does it have?

deficit

comparative advantage

export

free trade

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Answers (1)
  1. 23 April, 12:32
    0
    Hello from MrBillDoesMath!

    Answer: deficit

    Dictionary definition: "an excess of expenditure or liabilities over income or assets in a given period."

    Regards, MrB
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