The term _____________ describes circumstances where a country's exports exceed its imports. A. trade imbalance B. trade balance C. trade surplus D. trade deficit

1 answer
Question:

The term _____________ describes circumstances where a country's exports exceed its imports.
A. trade imbalance
B. trade balance
C. trade surplus
D. trade deficit

Answers

Answer:C. trade surplusExplanation:A trade surplus is a positive balance of tradewhere a country's exports exceed its imports.   Trade Balance = Total Value of Exports - Total Value of Imports if Total Value of Exports is bigger than the Total Value of Imports the trade balance will be positive.I hope you find this information useful and interesting! Good luck!

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