Economics · International Economics
A balance of trade deficit exists when:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1supply of imports exceeds the demand for them
- 2economies of scale are not achievable
- 3the monetary value added by an exporting nation exceeds that added by an importing nation
- 4the monetary value of imports exceeds that of exports✓
Correct answer
the monetary value of imports exceeds that of exports
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