a. a government spends more than it receives in tax revenue.
b. a government spends less than it receives in tax revenue.
c. the value of a country's imports exceeds the value of its exports.
d. the value of a country's exports exceeds the value of its imports.
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Home » Business » A trade deficit occurs when: Select one: a. a government spends more than it receives in tax revenue. b. a government spends less than it receives in tax revenue. c. the value of a country's imports exceeds the value of its exports. d.