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Sunday, 05 July 2026
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A trade deficit means that?

A trade deficit means that?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A The balance of trade is favourable
  • B Exports are less than imports
  • C Imports are less than export
  • D Exports are decreasing
  • E The balance of payments is unfavourable
Correct Answer: Option B
Explanation:

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