A trade surplus occurs when:
A)imports exceed exports, so that a country is consuming more than it is producing.
B)imports exceed exports, so that a country is producing more than it is consuming.
C)exports exceed imports, so that a country is producing more than it is consuming.
D)exports exceed imports, so that a country is consuming more than it is producing.

Question

Quizplus · Accepted Answer

A trade surplus happens when a country's exports exceed its imports, indicating that it is producing more than it is consuming. This means it is selling more goods and services to other countries than it is buying from them.

A Trade Surplus Occurs When