Kizspy | Question: 33
(Choose 1 answer)
Which of the following is correct if Oceania exports are $1.8 billion and imports are $2.3 billion?
A. Oceania has a trade surplus of $0.5 billion
B. Oceania has a trade surplus of $1.8 billion
C. Oceania has a trade deficit of $0.5 billion
D. Oceania has a trade deficit of $2.3 billion