A Trade Balance Where Exports Exceed Imports Is Called

question 53

Multiple Choice

A trade balance where exports exceed imports is called:

• A)trade surplus.
• B)trade deficit.
• C)budget deficit.
• D)none of the above.

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Definitions:

Team Functioning

The way in which a team operates in terms of communication, coordination, and conflict resolution to achieve its goals.

Collaboration

Working together with others to achieve a common goal.

Conflict Resolution

The process of finding a peaceful solution to a disagreement or conflict between parties, aiming for mutually beneficial outcomes.

Personal Conflicts

Disagreements or disputes arising between individuals based on personal issues, opinions, or emotions.