Current trade data shows that the country of Hasalot exports far more to other nations than it imports. Hasalot has
A) an unfavorable balance of trade.
B) a trade surplus.
C) a trade deficit.
D) a low balance of trade.

Question

Quizplus · Accepted Answer

A favorable balance of trade, or trade surplus, occurs when the value of the country's exports exceeds that of its imports.

Current Trade Data Shows That the Country of Hasalot Exports