When a country's imports exceed its exports.

When a country's exports exceed its imports.

When a country's imports and exports are equal.

None of the above.

Trade Deficit = Exports - Imports

Trade Deficit = Imports - Exports

Trade Deficit = Exports + Imports

Trade Deficit = (Exports - Imports) / (Exports + Imports)

High domestic demand for imported goods.

Low domestic production of exportable goods.

Overvalued domestic currency.

All of the above.

It can lead to a decline in the value of the domestic currency.

It can lead to an increase in the cost of imported goods.

It can lead to a loss of jobs in export-oriented industries.

All of the above.

By increasing exports.

By decreasing imports.

By devaluing the domestic currency.

By a combination of the above.

United States

China

Japan

Germany

Trade deficit can lead to economic growth.

Trade deficit can hinder economic growth.

Trade deficit has no impact on economic growth.

The relationship between trade deficit and economic growth is complex and depends on various factors.

Imposing tariffs on imported goods.

Providing subsidies to export-oriented industries.

Devaluing the domestic currency.

All of the above.

Trade deficit includes only goods, while current account deficit includes goods, services, and investment income.

Current account deficit includes only goods, while trade deficit includes goods, services, and investment income.

Trade deficit and current account deficit are the same.

None of the above.

It can lead to a depreciation of the domestic currency.

It can lead to an appreciation of the domestic currency.

It has no impact on the exchange rate.

The relationship between trade deficit and exchange rate is complex and depends on various factors.

Political resistance from industries that benefit from imports.

Difficulty in increasing exports in a competitive global market.

Potential negative impact on economic growth.

All of the above.

Central banks can intervene in the foreign exchange market to influence the exchange rate.

Central banks can adjust interest rates to affect the attractiveness of domestic assets for foreign investors.

Central banks can implement quantitative easing to increase the money supply and stimulate economic growth.

All of the above.

It can lead to a decrease in employment in export-oriented industries.

It can lead to an increase in employment in import-competing industries.

It has no impact on employment.

The relationship between trade deficit and employment is complex and depends on various factors.

It can lead to a decline in the standard of living.

It can lead to an increase in the national debt.

It can lead to a loss of economic sovereignty.

All of the above.

It can lead to lower prices for consumers.

It can lead to a more diverse range of goods and services available to consumers.

It can lead to increased economic growth.

All of the above.