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An economist tracking a country's imports and exports finds that one year, the country's imports total an equivalent of
$64,821,824, and its exports total an equivalent of $54,058,726. What is this country's balance of trade for that year?
a. trade deficit of $10,763,098
b. trade deficit of $118,880,550
C. trade surplus of $10,763,098
d. trade surplus of $118,880,550
Please select the best answer from the choices provided
