A positive balance of trade is when:     A. imports are greater than exports   B. exports are greater than imports   C. exports equal imports   D. All of the Above

Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter18: Trading With Other Nations
Section18.1: The Benefits Of World Trade
Problem 4R
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A positive balance of trade is when:
 
  A.
imports are greater than exports
  B.
exports are greater than imports
  C.
exports equal imports
  D.
All of the Above
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