Last Year, the Nation of Kwansai Reported That It Had

question 177

Multiple Choice

Last year, the nation of Kwansai reported that it had a favorable balance of trade even though it imported $11 billion worth of goods. This indicates that Kwansai:

• A) exported $11 billion worth of goods.
• B) exported more than $11 billion worth of goods.
• C) overpriced the value of its exports.
• D) exported less than $11 billion worth of goods.

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