A trade surplus is when
A)imports are greater than exports of goods and services.
B)exports are greater than imports of goods and services.
C)imports are equal to exports of goods and services.
D)there is a positive net inflow of foreign capital.

Question

Quizplus · Accepted Answer

A trade surplus occurs when a country exports more goods and services than it imports, leading to a positive balance of trade. Therefore, option B is the correct answer.

A Trade Surplus Is When