A positive balance of trade is considered good because it means that U.S. dollars are supporting foreign economies at the expense of U.S. companies and workers.

Question

Quizplus · Accepted Answer

A positive balance of trade means that a country is exporting more goods and services than it is importing, which indicates that it is earning foreign currency. This is generally considered good for a country's economy as it leads to increased employment and income. It does not necessarily mean that U.S. dollars are supporting foreign economies at the expense of U.S. companies and workers.

A Positive Balance of Trade Is Considered Good Because It