A nation's ________ is the total amount of money that the government owes its creditors.
A) trade deficit
B) national debt
C) trade deficiency
D) trade shortage
E) trade surplus

Question

Quizplus · Accepted Answer

The national debt is the total amount of money owed by a government to its creditors. A trade deficit, trade deficiency, trade shortage, and trade surplus are all related to a country's international trade and not its national debt.

A Nation's ________ Is the Total Amount of Money That