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Mariana [72]
3 years ago
12

A favorable balance of trade occurs when the value of

Business
1 answer:
lisov135 [29]3 years ago
5 0

Answer:

A favorable balance of trade; occurs when the value of a country's exports exceeds that of its imports. An unfavorable balance of trade; occurs when the value of a country's imports exceeds that of its exports.

Explanation:

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