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  • 20-01-2020
  • Social Studies
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A positive balance of trade is considered good because it means that U.S. dollars are supporting foreign economies at the expense of U.S. companies and workers. True False

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  • 21-01-2020

Answer:

False

Explanation:

A positive trade balance or trade surplus occurs when export value exceeds import value. The implication of this is an increased profitability and productivity of US companies and workers and an increase in US dollars gotten from foreign trade.

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