If France had positive net exports last year,then it
A)sold more abroad than it purchased abroad and had a trade surplus.
B)sold more abroad than it purchased abroad and had a trade deficit.
C)bought more abroad than it sold abroad and had a trade surplus.
D)bought more abroad than it sold abroad and had a trade deficit.

Question

Quizplus · Accepted Answer

Positive net exports mean that the value of goods and services exported by France exceeded the value of goods and services imported into France. This indicates that France had a trade surplus, or in other words, sold more abroad than it purchased abroad.

If France Had Positive Net Exports Last Year,then It