If exports are greater than imports, the country is said to have a:
A)trade advantage
B)trade balance
C)trade surplus
D)trade deficit

Name: If exports are greater than imports, the country is said to have a: A)trade advantage B)trade balance C)trade surplus D)trade deficit
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Question

Quizplus · Accepted Answer

A trade surplus occurs when a country's exports exceed its imports, meaning it is exporting more than it is importing. This results in a positive balance of trade and a surplus of foreign currency.

If Exports Are Greater Than Imports, the Country Is Said