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trade surplus
Trade Deficit
Trade deficit
A trade surplus is when exports exceed imports.
exports more than it imports
trade surplus
Trade deficit
Trade Deficit
A trade surplus is when exports exceed imports.
exports more than it imports
Balance of trade is the relationship between a country's exports and imports. There is a trade surplus when a country's exports exceed its imports, and there is a trade deficit when a country's imports exceed its exports.
deficit
A positive balance of trade, exports exceed imports
when democrats came to power
Appreciate.
When imports exceed exports, a trade deficit can occur
If a country's export exceeds the import then the balance of trade is unfavorable.