A trade _____ occurs when the value of a country's exports exceeds the value of its imports.

Name: A trade _____ occurs when the value of a country's exports exceeds the value of its imports.
Brand: Quizplus
Rating: 4.8 (59 reviews)

Question

Quizplus · Accepted Answer

A trade surplus occurs when a country exports more goods and services than it imports. This means that it is earning more money from selling its goods and services to other countries than it is spending on imports from other countries.

A Trade _____ Occurs When the Value of a Country's