Examlex
A surplus in a country's trade balance means that:
Accounting Equation
The foundational equation in accounting, Assets = Liabilities + Equity, representing the relationship between a company's resources and its sources of financing.
Service To Customer
Activities and benefits provided by a business to its customers, aimed at satisfying their needs and expectations.
Accounting Equation
The foundational principle of accounting expressing that assets equal the sum of liabilities and shareholder's equity.
Purchased Equipment
Fixed assets acquired by a company for use in the production or supply of goods and services, not for resale.
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