A ________ Balance of Trade Results When a Country Exports

question 70

Short Answer

A ________ balance of trade results when a country exports more than it imports.
depressed
negative
real
nominal
positive

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Definitions:

National Debt

The cumulative sum of funds borrowed by a nation's government, usually due to spending more than it earns.

Budget Deficits

The situation where a government's expenditures exceed its revenues in a given fiscal period, leading to borrowing or printing of money.

National Debt

The all-encompassing volume of money borrowed by a nation's government through different strategies.

Recession

A stretch of momentary economic regression, with a downturn in industrial and trade operations, generally pinpointed by a GDP fall in two sequential quarters.