Examveda
Examveda

Condition in which company's imports are more than its exports is classified as

A. foreign trade

B. foreign trade deficits

C. foreign trade surplus

D. trade surplus

Answer: Option B

Solution(By Examveda Team)

Condition in which company's imports are more than its exports is classified as foreign trade deficits. A trade deficit is an economic measure of international trade in which a country's imports exceed its exports. It represents an outflow of domestic currency to foreign markets.

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