1
answer
362
views
44
Problem

For access to Textbook Solutions, a Class+ or Grade+ subscription is required.

Textbook Expert
Textbook ExpertVerified Tutor
15 Nov 2021

Introduction

Trade deficit is refers to when a countries imports is exceed the exports during a given period of time. in other word we can say that The situation in which a countries imports goods worth more than the value of the goods that it exports. 

Unlock all Textbook Solutions

Already have an account? Log in
Principles of Economics
2nd Edition, 2017
Openstax
ISBN: 9781947172364

Solutions

Chapter
Section
Start filling in the gaps now
Log in