A country imported goods and services worth $16 billion and exported goods and services worth $18.2 billion during a particular year.The country's trade ________ equals ________.

Question

Quizplus · Accepted Answer

A trade surplus occurs when a country's exports exceed its imports. In this case, the country exported $18.2 billion worth of goods and services and imported $16 billion, resulting in a trade surplus of $2.2 billion.

A Country Imported Goods and Services Worth $16 Billion and Exported