When a country's exports exceed its imports,the nation has a ________.
A) trade surplus
B) trade deficit
C) negative balance of trade
D) A and C

Question

Quizplus · Accepted Answer

A trade surplus occurs when a country exports more goods and services than it imports. This results in a positive balance of trade, as the country is earning more revenue from its exports than it is spending on imports.

When a Country's Exports Exceed Its Imports,the Nation Has a ________