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Which of the following arises when a country is exporting more goods and services than it is importing?

Which of the following arises when a country is exporting more goods and services than it is importing?

Current account surplus

Trade deficit

Trade surplus

Trade balance

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3 comments
  • I hope this serves you well. Thanks
    • ProfMaximiliano
    • Apr 02, 2018 at 3:57pm
  • Correction the answer is:Trade surplus because A trade surplus is a surplus in the balance of trade that do occur in the case of the value of a country's exports do exceed that of the imports.
    • ProfMaximiliano
    • Apr 02, 2018 at 4:10pm
  • I hope now this serves you well. Thanks
    • ProfMaximiliano
    • Apr 02, 2018 at 4:10pm

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Trade surplus Trade surplus occurs when a country export exceeds its imports.It... View the full answer

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