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What is it called when exports exceed imports?

A trade surplus is when exports exceed imports.


What are taxes on imports or exports called?

Tarifffs


What are goods brought into a country called?

They would be called exports.


What it is called when the value of imports exceeds the value of exports?

The difference between the value of a country's exports and the value of its imports. If the value of exports exceeds that of imports, a country is said to have a trade surplus, while the opposite case is called a trade deficit.


What are taxes paid on imports and exports called?

tariffs


What are taxes paid imports and exports called?

tariffs


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.


What is it called when exports are equal imports?

This is known as a balance of trade.


What is it called when you compare countries imports to its exports?

balance of trade?


What is it called when your exports are worth more than your imports?

When an entity's exports are worth more than imports, it is said to have a trade surplus. When more is imported than exported, it is called a trade deficit.


When a country imports more than it exports us called what?

That is called a trade deficit.


What are taxes on imports and exports called?

Taxes that are placed on imports and exports are referred to as tariffs. A debate exists regarding whether or not high tariffs help or hurt a nation's economy.