Question

What is excess of exports of goods over the imports of goods called?

Answer 1

Hey mate!

I am here with your answer!

The difference between exports and imports is called the balance of trade. If imports are greater than exports, it is sometimes called an unfavourable balance of trade. If exports exceed imports, it is sometimes called a favourable balance of trade.

Hope this will help you

Answer 2

Answer:

hi Mate

here's ur answer in this attachment