Answer: a) Imports > Exports = Trade Deficit
Explanation:
When something is said to be in deficit, it means that more money is being spent than is being received. This is why this situation is called a trade deficit, because imports represent spending and exports represent gains and when there is more spending than gains, there is a trade deficit.
When however, there is more exports than imports, you have what is called a trade surplus. Not a lot of countries can manage this.
