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Artist 52 [7]
2 years ago
5

The term _____________ describes circumstances where a country's exports exceed its imports.

Business
1 answer:
irina1246 [14]2 years ago
4 0

Answer:

C. trade surplus

Explanation:

<em>A trade surplus is a positive balance of tradewhere a country's exports exceed its imports</em>.   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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