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If a country's exports are $500 million and imports are $300 million, what is th

Practice Questions

Q1
If a country's exports are $500 million and imports are $300 million, what is the trade balance?
  1. $200 million surplus
  2. $200 million deficit
  3. $800 million surplus
  4. $800 million deficit

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If a country's exports are $500 million and imports are $300 million, what is the trade balance?
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