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Question Practice

What occurs when a country has a trade deficit over time?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 12
Economics
Introductory Macroeconomics
Open Economy Macroeconomics
Question Bank

What occurs when a country has...

Single Answer MCQ
Q-00089200

What occurs when a country has a trade deficit over time?

1

Increased foreign reserves

2

Higher taxes on imports

3

Need to finance the deficit through borrowing

4

Increased production capacity

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