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LenKa [72]
3 years ago
15

Describe the trade imbalance

Social Studies
1 answer:
guapka [62]3 years ago
8 0
A trade deficit occurs when a country's imports exceed its exports during a given time period. It is also referred to as a negative balance of trade (BOT). The balance can be calculated on different categories of transactions.
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Learn more on Freud on

brainly.com/question/6185888

brainly.com/question/5286466

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