7
QuizMultiple Choice

World Economics

Question 7 • T1 - 4 RMA-TX-Financial Math-B

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 $10,763,098b.trade deficit of $118,880,550c.trade surplus of $10,763,098d.trade surplus of $118,880,550

Answer
A
A
B
B
C
C
D
D
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An economist tracking a country’s imports and…