If a country sells more goods and services abroad than it purchases from foreign countries, then its exports are:
A)greater than its imports, and its net exports are negative
B)greater than its imports, and its net exports are positive
C)smaller than its imports, and its net exports are positive
D)smaller than its imports, and its net exports are negative

Question

Quizplus · Accepted Answer

If a country sells more goods and services abroad than it purchases from foreign countries, then its exports are greater than its imports. This means that the country has a trade surplus, which leads to a positive net exports balance. Therefore, the correct answer is B, greater than its imports and its net exports are positive.

If a Country Sells More Goods and Services Abroad Than