Oe business cycle QUESTION 6 An unfavorable balance of trade occurs when O a- th
ID: 392398 • Letter: O
Question
Oe business cycle QUESTION 6 An unfavorable balance of trade occurs when O a- the total outflow of money is less than the total inflow of money. O b exports equal imports OC the total outflow of money is greater than the total infiow of money O d.exports are greater than imports. O e imports are greater than exports. QUESTION7 -is the study ofhow wealth is created and distributed. 0 a. Marketing Capitalism 0c.Finance o d. Economics Oe Business Cliok Save and Submit to saue and submit.Click Save All Answers to sqve all ansupers 13 2 4 5Explanation / Answer
Ans:
6) Option E
imports are greater than exports.
Balance of trade is the difference between the value of a country's exports and imports for a given period. Balance of trade is favorable when exports exceed imports.
7) Option D
economics
Economics is the study of how wealth is created and distributed.
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