When a nation's net exports are equal to zero, it has a
A) surplus in trade.
B) shortage in trade.
C) balanced trade.
D) deficit in trade.

Name: When a nation's net exports are equal to zero, it has a A) surplus in trade. B) shortage in trade. C) balanced trade. D) deficit in trade.
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Question

Quizplus · Accepted Answer

When a nation's net exports are equal to zero, it means that the value of exports is equal to the value of imports, indicating a balanced trade situation.

When a Nation's Net Exports Are Equal to Zero, It