Answer:
a trade surplus, or positive trade balance
Explanation:
It is said that it has a trade surplus since only in imports and exports, it has a higher export value generating a positive profit condition and that is reflected as a surplus, which is the positive sum of exports versus imports.
The correct answer is economically prosperous.
When Hoover was sworn into the presidency on March 4, 1929, the US economy was booming. The increased amount of credit made available by banks and other institutions allowed Americans to spend money on goods they would not have been able to pay for in the early part of the 1900's. However, 6 months after he took the presidency over, the US Stock Market Crashed and helped to spark the Great Depression.
Developing. Agriculturally based countries are usually still developing <span />
