If a Country Sells Fewer Goods and Services Abroad Than

question 93

Multiple Choice

If a country sells fewer goods and services abroad than it buys from other countries, it is said to have a trade

• A)surplus and positive net exports.
• B)surplus and negative net exports.
• C)deficit and positive net exports.
• D)deficit and negative net exports.

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Definitions:

Overall Wage Income

The total income earned by workers and employees through wages and salaries in an economy.

Welfare Utilization

The use of government programs designed to support individuals and families in need, aiming to improve their living conditions.

Legal Immigrant

A person who lawfully enters a country for the purpose of residing there.