If a nation's exports are $55 billion,while its imports are $50 billion,we can conclude with certainty that this nation is experiencing a

Question

Quizplus · Accepted Answer

A balance of trade surplus occurs when a country's exports exceed its imports. In this case, the nation's exports are $55 billion, while its imports are $50 billion, meaning that there is a surplus of $5 billion on the trade account.

If a Nation's Exports Are $55 Billion,while Its Imports Are