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5 points When a nation imports more than it exports its called __ trade deficit. trade demand trade surplus negative trade

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5 points
When a nation imports more than it exports its called __
trade deficit.
trade demand
trade surplus
negative trade

5 points When a nation imports more than it exports its called __ trade deficit. trade demand trade surplus negative trade

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ArnoldMaster · Tutor for 5 years

Answer

The correct option is: **trade deficit**.

Explain

A trade deficit occurs when a nation's imports exceed its exports. This term characterizes a situation where a country buys more goods and services from abroad than it sells to foreign markets, resulting in a negative balance of trade.
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