contestada

A trade deficit occurs when:
Select one:
a. a government spends more than it receives in tax revenue.
b. a government spends less than it receives in tax revenue.
c. the value of a country's imports exceeds the value of its exports.
d. the value of a country's exports exceeds the value of its imports.

Respuesta :

pedrocarratore

Answer:

c. the value of a country's imports exceeds the value of its exports.

Explanation:

A trade deficit occurs when a country's value of imported goods is higher than the value of its exported goods. When exports are higher than imports, a trade surplus occurs.

A Fiscal deficit occurs when a government spends more than it receives in tax revenue. When tax revenue exceeds spending, a fiscal surplus occurs.

Therefore, the answer is alternative c.