An economist tracking a country's imports and exports finds that one year, the country's imports total an equivalent of $64,821,824, and its exports total an equivalent of $54,058,726. What is this country's balance of trade for that year?

a. trade deficit of $10,763,098

b. trade deficit of $118,880,550

c. trade surplus of $10,763,098

d. trade surplus of $118,880,550

Question

11 October, 18:49

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Answers (2)

Know the Answer?

Bianca Moyer · Answer 1

I'd say the answer is D. But correct me if I'm wrong

Leroy Cunningham · Answer 2

The Answer is A. Trade Deficit of $10,763,098