This is known as a balance of trade.
A trade surplus is when exports exceed imports.
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.
balance of trade?
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.
Exports: Beef and fish Imports: Garments (Clothing)
A trade surplus is when exports exceed imports.
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.
Tarifffs
They would be called 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.
Imports and Exports
tariffs
tariffs
what are imports and exports of america?
balance of trade?
imports are the heart and exports are the foot
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.