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DenverMade DenverMade
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2 years ago
A country has a trade surplus when the ________.

▸ value of its exports exceeds the value of its imports

▸ exchange rate of its currency with other currencies is variable

▸ exchange rate of its currency with other currencies is fixed

▸ value of its imports exceeds the value of its exports

▸ total flow of money into the country equals the total flow of money out of the country
Textbook 
Business in Action

Business in Action


Edition: 9th
Authors:
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rl679rl679
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2 years ago
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