•(1) If the country’s imports were more than exports, the country would have a trade surplus.
举一反三
- A country's trade balance is in surplus when _____ A: its exports are more than its imports B: it experiences negative inflation C: its exports equal the imports D: the prices of commodities are low in the country
- “Trade surplus” is a situation in which the value of goods a country imports is worth more than it exports.
- A country that exports more than it imports runs atradedeficit.
- A ()occurs when a country's imports exceed its exports during a given time period. A: trade balance B: trade imbalance C: trade surplus D: trade deficit
- When a country's currency depreciates against the currencies of major trading partners A: the country's exports tend to rise and imports fall. B: the country's exports tend to fall and imports rise. C: the country's exports tend to rise and imports rise. D: the country's exports tend to fall and imports fall.