Assuming that a country has a trade deficit of $50 billion, which of the following is true: A. The country's exports are $120 billion and its imports are $180 billion B. The country's exports are $100 billion and its exports are $150 billion c. The country's imports are $120 billion and its exports are $180 billion d. The country's exports are $150 billion and its imports are $100
Assuming that a country has a trade deficit of $50 billion, which of the following is true: A. The country's exports are $120 billion and its imports are $180 billion B. The country's exports are $100 billion and its exports are $150 billion c. The country's imports are $120 billion and its exports are $180 billion d. The country's exports are $150 billion and its imports are $100
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Assuming that a country has a
A. The country's exports are $120 billion and its imports are $180 billion
B. The country's exports are $100 billion and its exports are $150 billion
c. The country's imports are $120 billion and its exports are $180 billion
d. The country's exports are $150 billion and its imports are $100
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