Asked by Vhukhudo Mukhudwane on Jul 24, 2024
Verified
In 2009,the majority of the goods and services deficit was due to _______ imports.
Goods And Services Deficit
The situation where a country imports more goods and services than it exports, leading to a negative trade balance.
Imports
Goods and services purchased from other countries, contributing to a country's consumption beyond domestic production.
- Analyze the factors contributing to a goods and services deficit.
Verified Answer
SA
Learning Objectives
- Analyze the factors contributing to a goods and services deficit.
Related questions
We Currently Run a Negative Trade Balance in ______ and ...
Both ______ and _______ Targeted the Huge American Consumer Market ...
Since the Mid-1970s Our Merchandise Balance of Trade Has Been ...
A Consumer Is Attempting to Maximize Utility in Her Consumption ...
One of the Most Important Thing We Might Do to ...