The Primary Problem with a Trade Deficit Is

question 51

Multiple Choice

The primary problem with a trade deficit is

• A)that a country is exporting more than it is importing.
• B)that more cash is leaving the country than is entering.
• C)that a country is spending more than saving.
• D)that a country is saving more than spending.
• E)export taxes.

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Definitions:

Customer Service

The assistance and advice provided by a company to those people who buy or use its products or services.

Time-Driven

A method or process that is organized or activated based on specific time intervals or schedules.

Activity-Based Costing

An accounting method that assigns costs to products or services based on the activities and resources consumed in the production process.

Tech Support

Assistance provided by companies to consumers facing technical problems or issues with electronic devices or software.