Through the first half of the 2000s, Canada had positive net exports. What does this fact imply?
A) Canada sold more abroad than it purchased abroad and had a trade surplus.
B) Canada sold more abroad than it purchased abroad and had a trade deficit.
C) Canada bought more abroad than it sold abroad and had a trade surplus.
D) Canada bought more abroad than it sold abroad and had a trade deficit.

Question

Quizplus · Accepted Answer

Positive net exports means that Canada sold more goods and services to other countries than it purchased from them, resulting in a trade surplus.

Through the First Half of the 2000s, Canada Had Positive