Question

difference between trade deficit and trade surplus​

Answer 1

Answer:

A country that imports more goods and services than it exports in terms of value has a trade deficit while a country that exports more goods and services than it imports has a trade surplus.

Answer 2

Answer:

A country that imports more goods and services than it exports in terms of value has a trade deficit while a country that exports more goods and services than it imports has a trade surplus.

Explanation:

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