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What was needed as a surplus to help create trade between cultures?

Crops were needed as a surplus to help create trade between cultures.


Which monetary policy can reduce trade deficit?

expansoinary monetry policy can reduce the trade dificit in long run


Does Egypt have a trade surplus or trade deficit?

their trade surplus


Does Italy have a trade deficit or a trade surplus?

Germany currently has a trade surplus. COOL HUH !


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 Japan have a trade trade surplus or deficit?

A trade surplus because of their auto exports.


Does China have a trade surplus or a trade deficit?

surplus Quantify the surplus amount as in March 2011


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.


How can scarity of goods improve trade between cultures?

Crops were needed as a surplus


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.


How would use trade surplus in a sentence?

"China has a lage trade surplus."


What are some examples of trade surplus?

One example of trade surplus is South Korea.