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Starting from a trade surplus,which of the following would create a trade deficit?
Gross Domestic Product
The Gross Domestic Product, or GDP, is the overall market or monetary worth of all completed goods and services generated inside the territorial limits of a country over a designated period.
Aggregate Expenditure
The total spending on goods and services in an economy at a given price level, including consumption, investment, government spending, and net exports.
Aggregate Expenditure
The total amount of spending in the economy that includes consumption, investment, government spending, and net exports.
Consumption
The use of goods and services by households, constituting one of the major components of gross domestic product (GDP).
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