A nation records a trade surplus when:
A) foreign remittances paid are more than foreign remittances received.
B) net exports are positive.
C) imports are greater than exports.
D) net exports equal zero.

Question

Quizplus · Accepted Answer

A trade surplus occurs when a nation's net exports (exports minus imports) are positive, meaning that it is exporting more goods and services than it is importing.

A Nation Records a Trade Surplus When