The country of East Anglia exports domestically made products and imports products that aren't available locally.When exports are compared to imports,the resulting _____,which shows that more dollar value is exported than imported,reveals a(n)_____.

Question

Quizplus · Accepted Answer

The correct term for comparing exports to imports in terms of dollar value is "balance of trade," and when a country exports more than it imports, it is referred to as having a "trade surplus."

The Country of East Anglia Exports Domestically Made Products and Imports