Question

When the value of imports is more than the value of exports, it is called ​

Answer 1

Answer:

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Explanation:

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

Answer 2

Answer:

trade deficit negative trade balance

Explanation: if a country imports a greater value than it exports, it has a trade deficit or negative trade balance.