Economy, asked by yadavdresses3028, 1 year ago

Differentiate between Foreign Trade Surplus and Trade Deficit.

Answers

Answered by Singlechhori
1

Answer:

Hey mate, answer of your question is given below by me .

Explanation:

A country has a trade surplus when it exports more than it imports. Conversely, a country has a trade deficit when it imports more than it exports. ... Either situation presents problems at high levels over long periods of time, but a surplus is generally a positive development, while a deficit is seen as negative.

I hope it can help you....

Similar questions