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smithamifikid
smithamifikid smithamifikid
  • 18-06-2016
  • Social Studies
Answered

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

Aa trade surplus.
Bnegative balance of trade.
Ca trade deficit.
Dpositive balance of trade

Verified Answer :

metchelle
metchelle metchelle
  • 28-06-2016

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.

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