A Trade Deficit Means That Exports Exceed Imports Over Some

question 129

True/False

A trade deficit means that exports exceed imports over some relevant time period.
A trade deficit means that imports exceed exports over some relevant time period.

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Definitions:

Human Capital

The collective value of the capability, intelligence, and productivity of individuals within an organization or society.

HR Segmentation

The process of dividing a workforce into distinct groups based on similar attributes or needs, in order to manage human resources more effectively and tailored to each segment.

Low Cost

A characteristic of goods, services, or processes that require minimal financial expenditure to acquire, maintain, or produce.

Internal Supply

Refers to the resources, capabilities, and competencies that are available within an organization, which can be utilized to achieve strategic objectives.