Question

explain the ways in which the balance of trade affects the economy of a country

Answer 1

A: A country's balance of trade is defined
by its net exports (exports minus imports)
and is thus influenced by all the factors that
aPPectinternational trade.. A nation has
a trade surplus i its exports are greater
than its imports if imports cre çreater than
exports, the nation has a trade defcit.

Answer 2

the balance of trade affect the economy of a country