Question

When governments seek a favorable trade balance, they want _____.

Answer 1

When governments seek a favorable trade balance, they want _____.

Answer: to export more than they import

Answer 2

Answer:

When governments seek a favorable trade balance, they want to export more than they import.

Explanation:

    Trade balance is an economic term that represents imports and exports of goods between countries. We say that a country's trade balance is favorable when it exports (sells to other countries) more than it imports (buys from other countries).

    The favorable trade balance has advantages for a country, as it attracts foreign currency and generates jobs within the exporting country.