Surplus are basically excess products which may of course lead to trade. After all, these excess products may lead to excess profit as well
It didn't, food surplus led to irrigation, division of labor, writing, trade
their trade surplus
Germany currently has a trade surplus. COOL HUH !
It has a surplus in trade of invisibles, and a deficit in trade of visibles.
A trade surplus because of their auto exports.
A surplus occurs when the quantity demanded is less than the quantity supplies. Producers may lower prices when they are left with a surplus of products.
surplus Quantify the surplus amount as in March 2011
The opposite of a trade deficit is a trade surplus. A trade surplus occurs when a country's exports exceed its imports, meaning it sells more goods and services abroad than it buys from other countries. This situation can lead to increased national income and improved economic health for the exporting country. A trade surplus can indicate a competitive economy with strong production capabilities.
"China has a lage trade surplus."
One example of trade surplus is South Korea.
The United States' surplus in international trade ended in 1983.
No, to be able to trade means that you have a surplus. They were not growing or making items that were in surplus and it was a subsistence living for them.