History, asked by harshkumar94, 1 year ago

what do you mean by frade surplus

Answers

Answered by kishu6331
0

Do you mean trade surplus

It is the amount by which the value of a country's exports exceeds the cost of its imports.

Answered by manviyadavqvs
0

Answer:

TRADE SURPLUS

SURPLUS--AN EXCESS PRODUCTION OR SUPPLY

TRADE--BUYING AND SELLING GOODS AND SERVICES

Explanation:

THE AMOUNT BY WHICH THE VALUE OF A COUNTRY'S EXPORTS EXCEEDS THE COST OF ITS IMPORTS.

OR

A SITUATION IN WHICH A COUNTRY SELLS MORE TO OTHER COUNTRIES THAN IT BUYS FROM OTHER COUNTRIES : THE AMOUNT OF MONEY BY WHICH A COUNTRY'S EXPORTS ARE GREATER THAN ITS IMPORTS.

EXAMPLE : CHINA IS EXPORTING MORE GOODS THAN CHINA THAN CHINA IMPORTS FROM OTHER COUNTRIES.

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