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Business, 30.09.2019 18:30 PrincessKeliah8179

Aforeign trade deficit occurs when a country's

a. imports are greater than its exports
b. purchase of treasury securities is more than sale of treasury securities
c. savings rate is higher than its borrowing rate
d. cash reserves are higher than its expenses
e. tax revenues are greater than its expenditures

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Aforeign trade deficit occurs when a country's

a. imports are greater than its exports...
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