Match the term to the definition. (3 points) trade deficit trade surplus imports tariff exports subsidy #Goods and services that are bought from foreign countries #Goods and services that foreign countries buy from your country :: When a country exports more than it imports :: When a country imports more than it exports A government bonus to an industry to help it compete against foreign imports a tax on imports

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Here are the matched terms to their definitions:

  1. Imports: Goods and services that are bought from foreign countries
  2. Exports: Goods and services that foreign countries buy from your country
  3. Trade surplus: When a country exports more than it imports
  4. Trade deficit: When a country imports more than it exports
  5. Subsidy: A government bonus to an industry to help it compete against foreign imports
  6. Tariff: A tax on imports
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