shukriabdisabrie
23.02.2022 •
Business
A manufacturer can produce cars and trucks using similar production technology. Suppose that, ceteris paribus, the price of trucks falls dramatically. How will this affect the production decisions of this manufacturer
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Ответ:
Trade balance of a country is given by the difference between its exports and imports. If Exports of a country exceed its imports then we have a trade surplus. If Imports are more than its exports then we have a trade deficit.
Trade Balance
Since the difference is positive we have a trade surplus of $8.