If a Country Had a Trade Deficit of $10 Billion

question 77

Multiple Choice

If a country had a trade deficit of $10 billion and then its exports rose by $20 billion and its imports rose by $10 billion,its net exports would now be

• A)$0
• B)$10 billion.
• C)-$10 billion.
• D)-$20 billion.

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Definitions:

Agents

Individuals or entities that act on behalf of others in various contexts, such as in negotiations, sales, or representing talent in the entertainment industry.

Problem

A situation, question, or matter that presents complexity, difficulty, or uncertainty requiring resolution or answer.

Concessions

Compromises made by negotiating parties where one or both sides agree to make changes to their initial demands or positions.

Negotiators

Individuals involved in discussions aimed at reaching an agreement or resolving a dispute.