Which of the Following Is True of Trade Surplus

question 65

Multiple Choice

Which of the following is true of trade surplus?

• A) It is a negative balance.
• B) It involves exporting more than importing.
• C) It is also known as trade gap.
• D) It is an unfavorable condition for a country.
• E) It involves making payments to other countries that it imports from.

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Definitions:

Supervision

Supervision involves overseeing the work or tasks of others, providing guidance, support, and feedback to ensure objectives are met.

Needs Analysis

The process of identifying and evaluating the requirements or gaps in skills and knowledge within an organization or among individuals.

Strategic Direction

The guidance and goals set by an organization's leadership to steer its actions and decisions towards long-term success.

Resource Review

A process for evaluating and assessing the quality and relevance of materials or resources, often in educational or professional contexts.