An Unfavorable Balance of Trade Occurs When the Value Of

question 231

Multiple Choice

An unfavorable balance of trade occurs when the value of:

• A)Imports equal the value of exports.
• B)Imports exceed the value of exports.
• C)Cash inflows are equal to the value of cash outflows.
• D)Exports exceed the value of imports.

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Definitions:

United States

A federal republic in North America comprising 50 states, a federal district, and various territories, characterized by its large size, diverse population, and significant global influence.

Managed Care Plans

Health insurance plans that contract with health care providers and medical facilities to provide care for members at reduced costs.

1994

A year notable for various global events, but in this context, it lacks specificity without further detail regarding its relevance.

Spending

The act of using money to purchase goods or services.