Social Sciences, asked by sathi385, 4 months ago

what is unfavorable balance of trade ?​

Answers

Answered by Anonymous
3

Answer:

If the exports of a country exceed its imports, the country is said to have a favourable balance of trade, or a trade surplus. Conversely, if the imports exceed exports, an unfavourable balance of trade, or a trade deficit, exists.

Explanation:

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Answered by itzadi040
8

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what is unfavorable balance of trade ?

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If the exports of a country exceed its imports, the country is said to have a favourable balance of trade, or a trade surplus. Conversely, if the imports exceed exports, an unfavourable balance of trade, or a trade deficit, exists.

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