31 Oct 2021
Problem 24
Page 574
Section: REVIEW QUESTIONS
Chapter 23: The International Trade and Capital Flows
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31 Oct 2021
Introduction
The trade deficit is the condition where the products or goods of the host country (home country) or can say of the particular country one is talking about is not given as much priority as the products of other countries. This means that people are purchasing foreign goods more.
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