A state will have a positive balance of trade,or trade surplus,when it __________.

Question

Quizplus · Accepted Answer

A positive balance of trade or trade surplus occurs when a country's exports exceed its imports. Therefore, option B is the correct answer. Option A would result in a negative balance of trade, while option C would result in a trade deficit. Option D may or may not result in a trade surplus depending on the magnitude of the increase in exports.

A State Will Have a Positive Balance of Trade,or Trade