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QUESTION IMAGE

when there are more imports than exports, there is a... trade surplus t…

Question

when there are more imports than exports, there is a...
trade surplus
trade deficit
trade influx

Explanation:

Brief Explanations
  • A trade surplus occurs when exports exceed imports.
  • A trade deficit is defined as a situation where a country's imports are greater than its exports.
  • "Trade influx" is not a standard term used to describe the relationship between imports and exports.

Answer:

B. Trade deficit