Question

A trade deficit is determined by measuring the difference between a nation’s ________ and its ________.

a. annual deficit; debt
b. revenue; spending
c. imports; exports
d. foreign loans; foreign debt
e. inflation rate; unemployment rate

Answer 1

After thorough researching, a trade deficit is determined by measuring the difference between a nation’s inflation rate and its unemployment rate. The correct answer to the following given statement or question above is with the letter E which is the inflation rate and unemployment rate.