Question

econ One year a country has negative net exports. The next year it still has negative net exports and imports have risen more than exports. Select one: a. its trade surplus fell. b. its trade surplus rose. c. its trade deficit fell. d. its trade deficit rose

Answer 1

Answer:

its trade deficit rose

Explanation:

Trade deficit occurs when the imports of a country are higher than the exports. It is called the trade deficit. It means the country is importing more value of goods from other countries and exporting less. When Imports grows higher than the growth in exports, the trade deficit eventually rises.