Question

If a country has a trade surplus, then the country Group of answer choices imports as much as it exports imports more than it exports does not trade with other countries exports more than it imports

Answer 1

Answer:

exports more than it imports

Explanation:

Trade surplus is when export exceeds import.

Export is the sum total of goods and services sold to other countries. For example, if clothes are sold to China, it constitutes export.

Import is the sum total of goods and services bought from other countries. If a laptop manufactured in China is sold to someone in the US, this is import

Trade deficit is when a country imports more than it exports