0
What else can I help you with?
What is a trade surplus?
country export more than they import
What is balance of trade?
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.
When does a trade surplus occur?
When a country exports more goods then it imports
What is the opposite of trade deficit?
The opposite of a trade deficit is a trade surplus. A trade surplus occurs when a country's exports exceed its imports, meaning it sells more goods and services abroad than it buys from other countries. This situation can lead to increased national income and improved economic health for the exporting country. A trade surplus can indicate a competitive economy with strong production capabilities.
Does Italy have a trade deficit or a trade surplus?
Germany currently has a trade surplus. COOL HUH !
Which country in the world has the largest trade surplus?
China
What is a trade surplus?
country export more than they import
How would you describe a trade surplus?
In order to have a trade surplus, a country must export (sell) more tangible goods than it imports (buys). If the opposite were true, a trade deficit would exist.
What is balance of trade?
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.
When does a trade surplus occur?
When a country exports more goods then it imports
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 !
What is the opposite of trade deficit?
The opposite of a trade deficit is a trade surplus. A trade surplus occurs when a country's exports exceed its imports, meaning it sells more goods and services abroad than it buys from other countries. This situation can lead to increased national income and improved economic health for the exporting country. A trade surplus can indicate a competitive economy with strong production capabilities.
Why did the US trade with other countries?
Because they were a free country and they had a surplus of things.
What happens when a country imports more than it exports?
It would have what is known as a Trade Surplus.
What is the term for when a country sells more than it buys?
The term for when a country sells more than it buys is called a trade surplus. This occurs when the value of a country's exports exceeds the value of its imports, resulting in a positive balance of trade. A trade surplus can indicate a strong economy and competitiveness in global markets.
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.
