Its known as a trade surplus
Its known as a trade surplus
export
When a nation exports more than it imports, economists say it has a trade surplus. This situation indicates that the country is selling more goods and services to foreign markets than it is purchasing from them, which can lead to increased economic growth and a stronger national currency. A trade surplus can also reflect competitive advantages in certain industries or sectors. However, sustained trade surpluses may lead to tensions with trading partners.
trade surplus
exports more than it imports
Its known as a trade surplus
Its known as a trade surplus
Its known as a trade surplus
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.
export
The country's net exports are positive(net exports being exports minus 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.
trade surplus
Its known as a trade surplus
Its known as a trade surplus
Its known as a trade surplus
exports more than it imports