Which of the Following Statements Is TRUE of Trade Surplus

question 80

Multiple Choice

Which of the following statements is TRUE of trade surplus?

• A) It is a negative balance of trade.
• B) It occurs when there is a net outflow of domestic currency to foreign markets.
• C) It occurs when a nation's imports are greater than its exports.
• D) It occurs when a nation's exports are greater than its imports.

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Definitions:

Pressure

The force exerted by a substance per unit area on another substance or on a surface, measured in units such as Pascals.

Ventricular Repolarization

The process by which the heart's ventricles return to their resting state after contraction, indicated by the T-wave in an ECG.

ECG

Electrocardiogram, a test that records the electrical activity of the heart to detect heart problems.

T Wave

A feature on an electrocardiogram (ECG) representing the repolarization of the ventricles of the heart.