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Dr.Sandford indicates the frequencies of his data using vertical bars.Dr.Sandford is constructing a
Trade Deficit
It occurs when a country's imports exceed its exports over a certain period, leading to more money leaving the country than entering it.
High Tariffs
Elevated taxes imposed on imported goods to protect domestic industries by making foreign products more expensive compared to local products.
Trade Deficit
A situation where a country's imports exceed its exports during a specific time period, indicating a negative balance of trade.
Trade Deficits
Trade Deficits occur when a country's imports of goods and services exceed its exports, indicating an outflow of domestic currency to foreign markets.
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