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What Is the Difference Between Trade Surplus and Trade Deficit

question 97

Essay

What is the difference between trade surplus and trade deficit? Explain.


Definitions:

Motivation

The drive or desire that initiates, guides, and maintains goal-oriented behaviors.

Activation

Refers to the process of stimulating something to act or function.

Direction

Guidance or supervision towards the path or course to be followed.

Vigor

Physical strength, good health, or intense activity; the quality of being vibrant and energetic.

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