Home » Commerce » A trade deficit means that?A trade deficit means that? A trade deficit means that? 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 Related Posts Company has an authorized capital of 100millon shares at N1 per share, out of which… Which of the following contributed least to the evolution of commercial activities in Nigeria? The following factor must be considered before setting up a retail business except? In international trade, documentary credit is also known as? One of the obstacles to achieving the objectives of ECOWAS is? The rate at which the country’s import exchanges for its export is known as