Which of the Following Describes a Trade Deficit

question 3

Multiple Choice

Which of the following describes a trade deficit?

• A) Exports plus imports
• B) Exports divided by imports
• C) Exports multiplied by imports
• D) Exports exceed imports
• E) Imports exceed exports.

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Definitions:

Consolidated Financial Statements

Financial statements that show the aggregated financial position and results of operations for a parent company and its subsidiaries.

Parent's Control

The influence and authority a parent company holds over its subsidiary's operations and financial decisions.

Subsidiaries

Companies controlled by a parent company through the ownership of more than half of their voting stock or through other means of control.

Available-for-Sale Securities

Debt or equity securities not classified as held-to-maturity or trading securities, measured at fair value, with changes in value recorded in other comprehensive income.