Which of the Following Countries Has a Trade Deficit

question 17

Multiple Choice

Which of the following countries has a trade deficit?

• A) An Asian country that does not engage in trade with other countries
• B) A European country that has a higher total value of imports than exports
• C) An African country that produces all products domestically
• D) A North American country that exports goods but does not import goods

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Definitions:

Social Media

Platforms that allow individuals to generate and distribute content or engage in networking social activities online.

Target Market

A specific group of consumers at which a product or service is aimed.

Brand Socialization

The process by which individuals learn about and adopt the values, norms, and behaviors associated with a brand.

Business

The practice of making one's living by engaging in commerce, trade, or services.