Brentia, an East Asian country, exported goods worth $50 million and imported goods worth $5 million in the last fiscal year. It also provided a loan of $25 million to another country. In this scenario, Brentia most likely had a _____ in the last fiscal year.

Question

Quizplus · Accepted Answer

Brentia exported more than it imported, resulting in a trade surplus. Additionally, providing a loan can contribute to a balance of payments surplus, as it represents an outflow of capital that is expected to return.

Brentia, an East Asian Country, Exported Goods Worth $50 Million