What is considered a favorable balance of trade in a country?

History

2 answers:

Vinil7 [7]3 years ago

4 0

Explanation:

Favorable balance of trade is a positive situation where a country exports more goods and services than what it imports. It is an economic term that refers to the existence of a surplus in the nation's balance of trade.

qaws [65]3 years ago

4 0

A country must sell fewer goods to other countries than it buys from other countries

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