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History, 01.01.2020 08:31 SavyBreyer

Which of the following is an accurate statement regarding trade deficits a. [in some cases trade deficits may cause the value of currency to fall forcing a nation to go into debt. b.] if a nation exports more than it imports it has a trade deficit. c. [trade deficits strengthen a nation balance of payment. d.] often times a trade deficit encourages nations to import more goods from other countries.

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