Which of the following is true when a country is experiencing a trade surplus?

Question

Quizplus · Accepted Answer

When a country is experiencing a trade surplus, it means that the value of its exports exceeds the value of its imports. This typically leads to an increase in demand for domestic goods, as foreign consumers are purchasing more of the country's goods and services. Therefore, the demand for domestic goods is greater than the domestic demand for goods. A trade surplus does not necessarily indicate the presence of a budget surplus or deficit.

Which of the Following Is True When a Country Is