If Germany purchased more goods and services abroad than it sold abroad last year,then it had
A)positive net exports which is a trade surplus.
B)positive net exports which is a trade deficit.
C)negative net exports which is a trade surplus.
D)negative net exports which is a trade deficit.

Question

Quizplus · Accepted Answer

When a country purchases more goods and services from abroad than it sells abroad, it has negative net exports. This is also known as a trade deficit. Therefore, the best choice is D).

If Germany Purchased More Goods and Services Abroad Than It