A balance of trade surplus exists when

Name: A balance of trade surplus exists when
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A balance of trade surplus exists when a country's exports exceed its imports, resulting in a positive net export balance. Therefore, choice C is the correct answer. Choices A and B are incorrect because they describe scenarios where there is a trade deficit, which is the opposite of a trade surplus. Choice D is incorrect because net exports cannot be both positive and negative at the same time.

A Balance of Trade Surplus Exists When