An unfavourable balance of trade occurs when the value of:
A)imports equals the value of exports.
B)imports exceeds the value of exports.
C)cash inflows are equal to the value of cash outflows.
D)exports exceed the value of imports.

Question

Quizplus · Accepted Answer

An unfavourable balance of trade occurs when the value of imports exceeds the value of exports. This means that a country is importing more goods and services than it is exporting, which can lead to a trade deficit and a negative impact on the country's economy.

An Unfavourable Balance of Trade Occurs When the Value Of