If Japan's total exports are $12 billion and total imports are $4 billion, then this is called
a trade deficit.
a positive balance of trade.
an absolute advantage.
a negative balance of payments.
negative capital mobility.

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The Answer of If Japan's total exports are $12 billion and total imports are $4 billion, then this is called
a trade deficit.
a positive balance of trade.
an absolute advantage.
a negative balance of payments.
negative capital mobility.

If Japan's Total Exports Are $12 Billion and Total Imports