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21 January, 12:03

A developing country might choose to maintain a trade deficit to?

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  1. 21 January, 12:18
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    A trade deficit is an economic measure of international trade in which a country's importsexceeds its exports. A trade deficit represents an outflow of domestic currency to foreign markets. It is also referred to as a negative balance of trade (BOT).

    Trade Deficit = Total Value of Imports - Total Value of Exports
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