Question

A trade surplus is _____. A. rarely a result of supply and demand B. an increase in the value of a currency C. the result of a nation exporting more than it imports D. the result of a nation importing more than it exports


its for econ

Answer 1

A trade surplus is C) the result of exporting more goods than it imports
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Answer 2

Answer: The answer is C: the result of a nation exporting more than it imports.

A trade surplus is the result of a nation exporting more than it imports.

Explanation:  Trade surplus occur when the value of the goods and service which a country sell to other countries is greater than the values of the goods and services which country buy from other countries. This means that the country’s exports exceed its imports. It represents a net inflow of domestic currency from foreign countries.