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6) Describe a countries balance of trade if it is experiencing a trade deficit.

2 Answers

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Answer:

A country that imports more goods and services than it exports in terms of value has a trade deficit or a negative trade balance. Conversely, a country that exports more goods and services than it imports has a trade surplus or a positive trade balance.

User Yiannis Mpourkelis
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5 votes

Answer:

United States

Explanation:

Has consistently run trade deficits due to high imports of oil and consumer products.

User Twila
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