Its known as a trade surplus
Its known as a trade surplus
export
trade surplus
exports more than it imports
This is when a countries imports are more than its exports itÊis most commonly referred to as a trade deficit. These terms are used in accounting and usedÊin explainingÊand calculating a countries GDP.
Its known as a trade surplus
Its known as a trade surplus
Its known as a trade surplus
The the difference in value between what a nation imports and exports over time is called the trade balance. If a nation exports more than it imports, it has a trade surplus. If a nation imports more than it exports, it has a trade deficit. This trade balance can impact a nation's currency value and overall economic health.
export
The country's net exports are positive(net exports being exports minus imports)
The difference in value between what a nation imports and what it exports is called the trade balance. If a country exports more than it imports, it has a trade surplus. If it imports more than it exports, it has a trade deficit. A balanced trade is when a country's imports and exports are equal.
Its known as a trade surplus
Its known as a trade surplus
Its known as a trade surplus
trade surplus
exports more than it imports