A trade deficit means a net Multiple Choice inflow of payments for goods and services. outflow of goods and services. inflow of goods and services. excess of exports over imports.

inflow of goods and services.

Explanation:

A trade can be defined as the process that typically involves the buying and selling of goods and services between a buyer (consumer) and a seller (producer).

Thus, trade creates an enabling environment that suits a specific service provider or producer of a particular product.

A trade deficit means a net inflow of goods and services.

This ultimately implies that, a country experiencing trade deficit has its level of import greater than the level of its export at a specific period of time. Thus, it is generally referred to as a negative balance of trade.

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answer; no individual buyer or seller has any significant impact on the market price;