If the value of a nations merchandise exports exceeds merchandise imports, then the nation is running a

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If the value of a nation’s merchandise exports exceeds merchandise imports, then the nation is running a

a. balance-of-payments deficit.

b. balance-of-payments surplus.

c. merchandise trade deficit.

d. merchandise trade surplus.

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Exploring Microeconomics

ISBN: 9781544339443

8th Edition

Authors: Robert L. Sexton

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Question Posted: May 19, 2024 12:01 PM

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If the value of a nations merchandise exports exceeds merchandise imports, then the nation is running a

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Exploring Microeconomics

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