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Economists say that competitive markets are efficient because when there is competition prices are lower. The more available an item, the less it will cost the consumer.

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When a nation exports more than it imports economists say it has .?

Its known as a trade surplus


When a nation exports more than it imports economists say it has?

Its known as a trade surplus


When a nation imports more than it exports economists say it has what?

Its known as a trade surplus


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Its known as a trade surplus


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