The Total Value of the Goods Exported by Maulini, a South

question 143

Multiple Choice

The total value of the goods exported by Maulini, a South American country, in the last fiscal year was lower in comparison to the total value of the goods imported by it. Given this information, Maulini had a _____ in the last fiscal year.

• A) trade surplus
• B) balance of payments surplus
• C) trade deficit
• D) balance of payments deficit

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