Geography, asked by insanerishi694, 6 months ago

When the value of export
and import
is almost the same it is called which
balance of
trade.​

Answers

Answered by pranaisk07
6

Answer:

If a country exports a greater value than it imports, it has a trade surplus or positive trade balance, and conversely, if a country imports a greater value than it exports, it has a trade deficit or negative trade balance. As of 2016, about 60 out of 200 countries have a trade surplus.

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