Answer:
c. the value of a country's imports exceeds the value of its exports.
Explanation:
A trade deficit occurs when a country's value of imported goods is higher than the value of its exported goods. When exports are higher than imports, a trade surplus occurs.
A Fiscal deficit occurs when a government spends more than it receives in tax revenue. When tax revenue exceeds spending, a fiscal surplus occurs.
Therefore, the answer is alternative c.
