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Q 1.A country that exports more than it imports is said to have a ________. 2.An absolute advantage means that _______ while a comparative advantage means that _______ . 3.The United States currently has a(n) _______. 4.A balance of payments is different from a balance of trade in that _______.

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1. positive balance of trade 2.a country has the ability to produce a product more efficiently than any other nation, a country has the ability to produce a product more efficiently than any other product