2137EconomicsMedium
Historically countries at early stages of rapid economic development have tender to experience?
Atrade surpluses and an excess of domestic saving over investment
Btrade deficits and an excess of domestic savings over investment
Ctrade deficit and an excess of investment over domestic saving
Dtrade surplus and an excess of investment over domestic saving
Correct answer
C. trade deficit and an excess of investment over domestic saving
Explanation
The correct answer is trade deficit and an excess of investment over domestic saving.