Question

How did Britain adjust trade surplus with trade deficit ​?

Answer 1

While the UK recorded an overall trade deficit in 2016, a surplus was recorded in trade in services. ... However, this surplus was more than offset by a deficit in the UK's trade in goods – exports of goods were £302 billion, while imports were £438 billion in 2016, resulting in a deficit on trade in goods of £135 billion.

Answer 2

Explanation:

A trade surplus is an economic measure of a positive balance of trade, where a country's exports exceed its imports