A Country Has a Trade Surplus When

question 160

Multiple Choice

A country has a trade surplus when

• A) its exports exceed its imports.
• B) its exports equal its imports.
• C) its government spending exceeds its tax revenues.
• D) its exports are less than its imports.

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Definitions:

Cross Beds

Layers of rock that are inclined relative to the horizontal surface, typically formed by wind or water currents.

Fossils

The preserved remains, impressions, or traces of once-living organisms from a past geological age, embedded and preserved in sedimentary rocks.

Marine Layers

Strata of moist ocean air that is cooled below its dew point temperature and thus forms a layer of clouds at the surface or near the surface of a large body of water.

Sand Dunes

Hills or ridges of sand piled up by the wind in desert regions or near bodies of water.