Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter18: Trading With Other Nations
Section: Chapter Questions
Problem 15AA
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![country has a trade surplus when](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ff8d7d015-c1e3-4558-b7a6-ea6d42bf29e5%2Feef0e7e9-8a74-4421-8083-a0960f6f2e5d%2Fe85y1tb.jpeg&w=3840&q=75)
Transcribed Image Text:country has a trade surplus when
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Step 1
THE COUNTRY HAS A TRADE SURPLUS WHEN - EXPORTS EXCEED IMPORTS
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