Trade Surplus Is

question 164

Multiple Choice

Trade surplus is

• A) the sum of a nation's total exports and total imports.
• B) the difference between a nation's total exports and total imports.
• C) when a nation exports more than it imports.
• D) when a nation imports more than it exports.
• E) when a nation no longer feels it has the need for trade partners.

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Definitions:

Fatty Acid

Long-chain hydrocarbons found in fats and oils, characterized by a carboxylic acid group at one end.

Shape

The external form, contours, or outline of an object or structure.

Saturated Molecule

A molecule that contains only single bonds between carbon atoms and no double or triple bonds.

Double Bonds

Chemical bonds where two pairs of electrons are shared between two atoms, making the bond stronger and the molecules more rigid.