If you observed a country with a rapidly growing trade surplus over a period of a year

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If you observed a country with a rapidly growing trade surplus over a period of a year or so, would you be more likely to believe that the country's economy was in a period of recession or of rapid growth? Explain.

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Principles Of Economics

ISBN: 9781506699868

2nd Edition

Authors: OpenStax

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Question Posted: Nov 01, 2023 04:44 AM

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If you observed a country with a rapidly growing trade surplus over a period of a year

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Trade Surplus Definition A trade surplus occurs when a country exports more goods and services than ...View the full answer

Principles Of Economics

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