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QUESTION

In 2005, DAMA's exports were $30 billion, imports $40 billion, and real GDP $200 billion. DAMA had a trade ________ equal to ________ of GDP in 2005....

In 2005, DAMA's exports were $30 billion, imports $40 billion, and real GDP $200 billion. DAMA had a trade ________ equal to ________ of GDP in 2005.

A) surplus; 5 percent

B) deficit; 5 percent

C) surplus; 10 percent

D) deficit; 10 percent

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