Social Sciences, asked by srikanth00715, 11 months ago

what is favourable trade and in favourable trade???​

Answers

Answered by ak171
0

When a country's exports are greater than its imports, it has a trade surplus. Most nations view that as a favorable trade balance.


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Answered by gurdevsingh14
0

If the foreigner pays for it, then it's an export. ... When a country's exports are greater than its imports, it has a trade surplus. Most nations view that as a favorable trade balance.

When exports are less than imports, it creates a trade deficit. Countries usually regard that as an unfavorable trade balance.

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