Which of the Following Best Describes a Positive Trade Balance

question 65

Multiple Choice

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

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