When a country has a greater value of exports than its imports, it experiences a trade surplus. In history, a trade surplus meant that a country was exporting more goods than it was importing, often leading to increased national wealth.
Trade Surplus: When a country has a greater value of exports than its imports, it experiences a trade surplus. In history, a trade surplus meant that a country was exporting more goods than it was importing, often leading to increased national wealth.
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