A country sells more goods and services to foreign countries than it buys from them. It has Select one: a. a trade surplus and p

Question

3 years ago

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A country sells more goods and services to foreign countries than it buys from them. It has Select one: a. a trade surplus and p

ositive net exports. b. a trade surplus and negative net exports. c. a trade deficit and positive net exports. d. a trade deficit and negative net exports.

Business

1 answer:

GREYUIT [131] · Answer 1 · 2022-05-16T00:36:47+03:00

Answer:

a trade surplus and positive net exports.

Explanation:

If a country sells more goods and services to foreign countries than it buys from them, it means the country's export is greater than its import. If export is greater than import, net exports (export- import ( would be postive.

Also, there would be a trade surplus.

A trade surplus is when the value of export is greater than imports.

I hope my answer helps you