*If exports and imports:
A. are imbalanced, then a trade surplus exists.
B. are imbalanced, then a trade deficit exits.
C. are equal, then trade is balanced.
D. are equal, then the economy is unhealthy.
Answer:C
*If exports and imports:
A. are imbalanced, then a trade surplus exists. B. are imbalanced, then a trade deficit exits. C. are equal, then trade is balanced. D. are equal, then the economy is unhealthy.
Explanation: Type: Multiple Choice