select the correct answer.\nin a given year, a countrys exports are worth $12 billion and its imports are…

select the correct answer.\nin a given year, a countrys exports are worth $12 billion and its imports are worth $4 billion. how much is the trade deficit or surplus for this country?\na. $10 billion deficit\nb. $8 billion deficit\nc. $4 billion surplus\nd. $7 billion surplus\ne. $8 billion surplus

select the correct answer.\nin a given year, a countrys exports are worth $12 billion and its imports are worth $4 billion. how much is the trade deficit or surplus for this country?\na. $10 billion deficit\nb. $8 billion deficit\nc. $4 billion surplus\nd. $7 billion surplus\ne. $8 billion surplus

Answer

Explanation:

Step1: Definir la fórmula

El balance comercial (deficit o excedente) se calcula como Exportaciones - Importaciones.

Step2: Sustituir valores

Dado que las exportaciones son de $12 billones y las importaciones son de $4 billones, entonces el balance es $12 - 4$.

Step3: Realizar el cálculo

$12 - 4=8$ billones. Como el resultado es positivo, es un excedente.

Answer:

E. $8 billion surplus