*The ________________ refers to the gap that can exist between what a nation’s _____________, and a nation’s ____________________.
A. balance of trade; producers sell abroad; imports
B. merchandise trade balance; exports; imports
C. trade surplus; exported services; imported goods
D. trade deficit; producers purchase abroad; exports
Answer:A
*The ________________ refers to the gap that can exist between what a nation’s _____________, and a nation’s ____________________.
A. balance of trade; producers sell abroad; imports B. merchandise trade balance; exports; imports C. trade surplus; exported services; imported goods D. trade deficit; producers purchase abroad; exports
Explanation: Type: Multiple Choice