A country has a trade surplus when
A)imports exceed exports.
B)imports equal exports.
C)exports exceed imports.
D)imports are zero.

Question

Quizplus · Accepted Answer

A trade surplus occurs when a country's exports exceed its imports, meaning it is selling more goods and services to other countries than it is buying from them. This results in a positive balance of trade, as the country is earning more revenue from its exports than it is spending on imports.

A Country Has a Trade Surplus When