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Its known as a trade surplus

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Ramona Kling

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Q: When a nation exports more than it imports economists say it has?
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When a nation imports more than it exports economists say it has what?

Its known as a trade surplus


When a nation imports more than it exports economists say it has a?

Its known as a trade surplus


When a nation exports more than it imports economists say it has .?

Its known as a trade surplus


What is the difference in value between what a nation imports and what it exports over time?

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.


Would a nation rather have more imports or more exports?

export


What is the term used by economist to describe where a nation exports more than it imports?

The country's net exports are positive(net exports being exports minus imports)


What is the difference in value between what a nation imports and what it exports?

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.


When a nation imports more than it exports economist say it has?

Its known as a trade surplus


When a nation imports more than it exports economist say it has what?

Its known as a trade surplus


When a nation imports more than it exports economist says it has what?

Its known as a trade surplus


What do you call the situation that exists when a nation exports more than it imports?

trade surplus


What does it mean to an economy if exports exceed imports?

exports more than it imports