If a Country Has a Trade Deficit of $50 Billion

question 263

Multiple Choice

If a country has a trade deficit of $50 billion, which of the following can be true?

• A) The country's exports are $150 billion, and its imports are $100 billion.
• B) The country's exports are $110 billion, and its imports are $160 billion.
• C) The country's exports are $100 billion, and its imports are $50 billion.
• D) The country's exports are $150 billion, and its imports are $60 billion.

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Definitions:

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