Which of the following BEST describes a positive trade balance?

A) The economic condition in which a country's exports exceed its imports
B) The economic condition in which a country's imports exceed its exports
C) The economic condition in which a country's inflow of money exceeds its outflow
D) The economic condition in which a country's outflow of money exceeds its inflow
E) The economic condition in which a country's natural resources exceed its human resources

Answer: A
Explanation: A) This is also known as a trade surplus.

Business

You might also like to view...

The Real Estate Commission will investigate a violation of the Consumer Protection Act.

a. true b. false

Business

The statistically determined sample size is the net or ________

A) incidence rate B) initial sample size C) completion rate D) final sample size

Business