Question

In 2018, if the country of Serbia had imports of $10.58 billion and had an unfavorable balance of trade. This means that Serbia had:

a. an unfavorable exchange rate
b. more than $10.58 billion in exports
c. low inflation
d. less than $10.58 billion in exports
e. exactly $10.58 billion in exports

Answer 1

D

Step-by-step explanation:

If they have an UNfavorable balance of trade, that means they are a net importer of goods. Therefore, they must have less than $10.58B in exports.