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Principles of Economics 2e

2nd Edition
Steven A. Greenlaw; David Shapiro
ISBN: 9781947172364

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BuyFindarrow_forward

Principles of Economics 2e

2nd Edition
Steven A. Greenlaw; David Shapiro
ISBN: 9781947172364
Textbook Problem

Will nations that are more involved in foreign trade tend to have higher trade imbalances, lower trade imbalances, or is the pattern unpredictable?

To determine

The countries which involves in trade with foreign countries more, have a trade imbalance high or low, or is the pattern unpredictable.

Explanation

The trade patterns of economy of countries rely upon their geographical location, size of their countries economy or trade pattern...

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