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vovikov84 [41]
3 years ago
11

When the total value of exports is higher than the total value of imports, a country experiences a _____ answer trade exchange.

trade surplus. trade deficit. countertrade?
Social Studies
1 answer:
harkovskaia [24]3 years ago
8 0
The correct answer that would best complete the given statement above is the term TRADE SURPLUS. When the total value of exports is higher than the total value of imports, a country experiences a trade surplus. This is the <span>amount by which the value of a country's exports exceeds the cost of its imports. Hope this answer helps.</span>
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