Economy, asked by Tejasaditya61, 1 year ago

A favorable balance of trade exists when a country

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Answered by rockyak4745

A favorable balance of trade; occurs when the value of a country's exports exceeds that of its imports. An unfavorable balance of trade; occurs when the value of a country's imports exceeds that of its exports.

Answered by shreeya589

when a value of a country's exports exceeds that of imports is the answer

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