country export more than they import
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 a country exports more goods then it imports
Germany currently has a trade surplus. COOL HUH !
It would have what is known as a Trade Surplus.
China
country export more than they import
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.
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 a country exports more goods then it imports
their trade surplus
Germany currently has a trade surplus. COOL HUH !
Because they were a free country and they had a surplus of things.
It would have what is known as a Trade Surplus.
It has a surplus in trade of invisibles, and a deficit in trade of visibles.
A trade surplus because of their auto exports.
the amount by which the value of a country's exports exceeds the cost of its imports.