Which of the following best describes a positive trade balance?
A) The economic condition in which a country's exports exceed its imports
B) The economic condition in which a country's imports exceed its exports
C) The economic condition in which a country's inflow of money exceeds its outflow
D) The economic condition in which a country's outflow of money exceeds its inflow
E) The economic condition in which a country's natural resources exceed its human resources

Question

Quizplus · Accepted Answer

A positive trade balance occurs when a country exports more goods and services than it imports, resulting in a surplus of funds flowing into the country. This can lead to a strengthened domestic currency and improved economic growth.

Which of the Following Best Describes a Positive Trade Balance