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1) A trade deficit for the United States is generally financed by:

a) Lending to the Federal government

b) Borrowing from the Federal government

c) Buying securities or assets from other nations

d) Selling securities or assets to other nations

2) A trade deficit means a net:

a) Inflow of payments for goods and services

b) Outflow of goods and services

c) Inflow of goods and services

d) Excess of exports over imports

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M91231763

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