When a Country's Export Spending Exceeds Import Spending,the Country Is

question 72

Multiple Choice

When a country's export spending exceeds import spending,the country is experiencing a:

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

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Definitions:

Statement of Changes in Equity

A financial statement that shows the changes in a company’s equity over a reporting period.