Business Finance
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Question Description

I need support with this Business question so I can learn better.

1. If the U.S. imports more products and services from foreign countries than it sells to foreign country, it will have a? trade deficit :trade surplus:budget deficit:foreign investment

2.  difference between total debits and credits to an account?


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Final Answer

1) Trade deficit.

2)  Debits to an account are those items which are subtracted from the total.  Credits are those items added to the total.  If debits are larger than the credits, the total will be a negative number.

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UT Austin

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