A Trade Surplus Occurs When

question 130

Multiple Choice

A trade surplus occurs when:

• A)imports exceed exports, so that a country is consuming more than it is producing.
• B)imports exceed exports, so that a country is producing more than it is consuming.
• C)exports exceed imports, so that a country is producing more than it is consuming.
• D)exports exceed imports, so that a country is consuming more than it is producing.

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