Answered

Westonci.ca is the Q&A platform that connects you with experts who provide accurate and detailed answers. Connect with a community of experts ready to provide precise solutions to your questions on our user-friendly Q&A platform. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform.

A country with imports of $6 million and other cash of $3 million coming into the country and exports of $5 million and other cash of $3 million going out of the country has a
trade surplus.
trade deficit.
positive or favorable balance of payments.
negative or unfavorable balance of payments.

Sagot :

Answer:

trade deficit.

Explanation:

Given that

The imports is of $6 million

And, the other cash is $3 million coming in the country

There is $5 milllon exports

And, the other cash of $3 million going out

As we know that

If the imports is more than the exports so there would be trade deficit else trade surplus

Since the imports is $6 million and the exports is $5 million

So, it is a trade deficit

We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. We're glad you chose Westonci.ca. Revisit us for updated answers from our knowledgeable team.