If a nation exports more than it imports, it is said to have

a. a trade surplus.

b. negative balance of trade.

c. a trade deficit.

d. positive balance of trade

Question

Social Studies

Elle Cook

15 January, 05:39

If a nation exports more than it imports, it is said to have

a. a trade surplus.

b. negative balance of trade.

c. a trade deficit.

d. positive balance of trade

+2

Answers (1)

Know the Answer?

Silas Donovan · Answer 1

The answer to the question is a. a trade surplus.

If the nation or country exports more than it imports, it is called trade surplus which is a favourable balance of a trade. If its the other way around or the opposite, the nation imports more than it exports, it's called trade deficit.

If a nation exports more than it imports, it is said to havea. a trade surplus.b. negative balance of trade.c. a trade deficit.d. positive balance of trade

If a nation exports more than it imports, it is said to have

a. a trade surplus.

b. negative balance of trade.

c. a trade deficit.

d. positive balance of trade