Which of the following is the situation in which a country exports more than it imports,creating a favourable balance of trade?
A)Overflow
B)Deficit
C)Bonus
D)Excess
E)Surplus

Name: Which of the following is the situation in which a country exports more than it imports,creating a favourable balance of trade? A)Overflow B)Deficit C)Bonus D)Excess E)Surplus
Brand: Quizplus
Rating: 5.0 (39 reviews)

Question

Quizplus · Accepted Answer

A surplus occurs when a country exports more than it imports, resulting in a favorable balance of trade.

Which of the Following Is the Situation in Which a Country