Over a Given Period of Time,if Imports Are Greater Than

question 19

Multiple Choice

Over a given period of time,if imports are greater than exports,the result is

• A)A trade war.
• B)A trade deficit.
• C)An embargo.
• D)A trade surplus.

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Definitions:

Net Income

The amount of a company’s profit after all expenses, taxes, and costs have been subtracted from total revenue.

Profit Margin

Profit margin is a financial metric that calculates the percentage of revenue that exceeds the costs of production, indicating how much profit a company makes for each dollar of sales.

Debt/Equity Ratio

A calculation that shows how much a company relies on borrowed funds, found by dividing the sum of its liabilities by the equity owned by shareholders.

Long-term Debt Ratio

A financial ratio that shows the proportion of a company’s long-term debt compared to its total assets.