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Question #3 Multiple Choice Which of the following is described as the amount by which the value of a country's exports exceeds the cost of its imports? -tariff -tax excess…

Question #3 Multiple Choice Which of the following is described as the amount by which the value of a country's exports exceeds the cost of its imports? -tariff -tax excess…
asked 31.7k views
8 votes
Question #3

Multiple Choice
Which of the following is described as the amount by which the value of a country's exports exceeds the cost of its imports? -tariff
-tax excess
-quota
-trade surplus​

asked
User Eldy
by
8.6k points

1 Answer

10 votes
It is a trade surplus
answered
User Utamaru
by
7.5k points
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