When a Country Imports More Than It Exports, It Has

question 30

Multiple Choice

When a country imports more than it exports, it has a:

• A) trade deficit.
• B) trade surplus.
• C) zero trade balance.
• D) policy which forbids exportation.

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Definitions:

≠ Symbol

The symbol ≠ denotes 'not equal to' in mathematical equations, indicating the inequality between two values.

≠ Symbol

A mathematical symbol representing inequality, indicating that two values are not equal.

Alternative Hypothesis

A hypothesis that contradicts the null hypothesis, suggesting a new effect or relationship.

Directional

Refers to tests or hypotheses that specify the expected direction of the relationship between variables (e.g., greater than, less than).