What are a trade deficit and a trade surplus

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What are a trade deficit and a trade surplus? What are the implications of a long-term trade deficit or trade surplus? What techniques are available to correct Balance of Payment Deficit or Surplus?

Reference no: EM131218123

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What are a trade deficit and a trade surplus : What are a trade deficit and a trade surplus? What are the implications of a long-term trade deficit or trade surplus? What techniques are available to correct Balance of Payment Deficit or Surplus?
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