Lillian54 Lillian54

16-11-2018
Mathematics

contestada

If a country pays out more money to other countries than it receives from other countries, what type of balance of payments does it have?

deficit
comparative advantage
export
free trade

Respuesta :

MrBillDoesMath MrBillDoesMath

16-11-2018

Hello from MrBillDoesMath!

Answer: deficit

Dictionary definition: "an excess of expenditure or liabilities over income or assets in a given period."

Regards, MrB

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