How is trade deficit and trade surplus similar?

Anonymous

∙ 13y ago

Updated: 8/20/2019

They're actually the same thing: Nation A sells a higher value of goods to Nation B than Nation B sells to Nation A. Whether you're looking at a trade deficit or trade surplus depends on if you're Nation A or Nation B.

Wiki User

∙ 13y ago

What else can I help you with?

Does the UK have a trade surplus or trade deficit?

It has a surplus in trade of invisibles, and a deficit in trade of visibles.

Does Italy have a trade deficit or a trade surplus?

Germany currently has a trade surplus. COOL HUH !

Does US have a deficit or trade surplus?

Trade deficit

Is India a trade deficit or trade surplus?

deficit

Does Egypt have a trade surplus or trade deficit?

their trade surplus

Did the US have a trade surplus or deficit?

The USA has a trade deficit.

Does Japan have a trade trade surplus or deficit?

A trade surplus because of their auto exports.

Does Sweden have a trade deficit or surplus?

In 2011 they had a surplus of about 13 billion

Does China have a trade surplus or a trade deficit?

surplus Quantify the surplus amount as in March 2011

Does the US have a trade deficit or a trade surplus with its largest trading partners?

The Bureau of the Census records indicated that in 2004, the United States had a trade deficit with each of its four largest trading partners.

Does Germany have a trade deficit?

No, Germany has a balance of payments surplus.

Does Korea have a trade deficit or surplus?

North Korea or South Korea?