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An unfavorable balance of trade occurs when the value of.

Sagot :

An unfavorable balance of trade occurs when the value of a country's import exceeds the export.

What is an import?

It should be noted that an import simply means the goods and services that are brought into a country from another country.

In this case, unfavorable balance of trade occurs when the value of a country's import exceeds the export.

Learn more about trade on:

brainly.com/question/17727564

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