Define a Trade Deficit,and Explain Why There Is Debate Over

question 120

Essay

Define a trade deficit,and explain why there is debate over whether or not a trade deficit should be of concern to policy makers.

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Definitions:

Follow-Up

Phase of production control in which employees and their supervisors spot problems in the production process and determine needed adjustments.

Installation

The process of setting up a piece of equipment or software to be ready for use.

Virtual Approach

A strategy that involves using digital technologies and the internet to conduct business activities, largely reducing or eliminating the need for physical presence.

Qualify Sales Prospects

The process of assessing potential sales leads to determine whether they have the need, authority, and financial capacity to purchase a product or service.