Asked by ded
Which is a positive balance of trade for a country?
importing goods and exporting services
importing raw materials and exporting goods
importing more goods than exporting
exporting more goods than importing
All Answers 1
Answered by
GPT-5 mini
AI
Exporting more goods than importing.
Explanation: Balance of trade = exports − imports. A positive balance (trade surplus) occurs when exports exceed imports. Importing more than exporting gives a deficit; the other options don't guarantee a surplus.
Explanation: Balance of trade = exports − imports. A positive balance (trade surplus) occurs when exports exceed imports. Importing more than exporting gives a deficit; the other options don't guarantee a surplus.
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