Condition in which company's imports are more than its exports is classified as

A foreign trade
B foreign trade deficits
C foreign trade surplus
D trade surplus

Correct Answer: foreign trade deficits

Condition in which company's imports are more than its exports is classified as foreign trade deficits. A trade deficit is an economic measure of international trade in which a country's imports exceed its exports. It represents an outflow of domestic currency to foreign markets.
Bissoy MCQ
#Commerce #Financial Management

Related Questions

The Marshall -Lerner condition states that a devaluation will improve a country's balance of payments if the sum of elasticity of demand for exports and imports is:
A zero
B equal to one
C greater than one
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A zero
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