deficit
A trade surplus is when exports exceed 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.
A positive balance of trade, exports exceed imports
Trade deficit
trade surplus
A trade surplus is when exports exceed 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.
A positive balance of trade, exports exceed imports
Trade deficit
Trade Deficit
trade surplus
When imports exceed exports, a trade deficit can occur
If a country's export exceeds the import then the balance of trade is unfavorable.
This would be a trade deficit, where the imports cannot be balanced by exports.
u have imports and exports so that the ine of trade can continue and think about it, if we didnt have chinas exports what would we have
Net exports or the balance of trade.
Exports > imports