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  • PhD Member
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Which of the following BEST describes a positive trade balance?

A) The economic condition in which a country's exports exceed its imports
B) The economic condition in which a country's imports exceed its exports
C) The economic condition in which a country's inflow of money exceeds its outflow
D) The economic condition in which a country's outflow of money exceeds its inflow
E) The economic condition in which a country's natural resources exceed its human resources

Marked as best answer by Woogsbie

  • PhD Member
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Answer: A
Explanation: A) This is also known as a trade surplus.

  • PhD Member
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Thank you soo much!



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