The onset of a trade deficit is most likely supported by a country’s:
A. existing trade surplus.
B. strong economic growth.
C. reduction in the balance of trade.
D. increased consumption function.
Answer:B
The onset of a trade deficit is most likely supported by a country’s:
A. existing trade surplus. B. strong economic growth. C. reduction in the balance of trade. D. increased consumption function.
Explanation: Type: Multiple Choice