Macroeconomics
10th Edition
ISBN: 9780134896441
Author: ABEL, Andrew B., BERNANKE, Ben, CROUSHORE, Dean Darrell
Publisher: PEARSON
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Chapter 1, Problem 5RQ
To determine
To explain: the concepts of trade deficits and trade surpluses. To determine the
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Define trade surplus and trade deficit.
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What is the difference between a government deficit and a trade deficit ?
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