A country sells more to foreign countries than it buys from them. It has
A) a trade surplus and positive net exports.
B) a trade surplus and negative net exports.
C) a trade deficit and positive net exports.
D) a trade deficit and negative net exports.

Question

Quizplus · Accepted Answer

A trade surplus occurs when a country's exports exceed its imports, resulting in positive net exports. In this scenario, the country is selling more to foreign countries than it is buying from them, indicating a trade surplus and positive net exports.

A Country Sells More to Foreign Countries Than It Buys