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.

Trade Surplus Definition - Easy to Understand | GradesUp.gg
Trade Surplus Definition - Easy to Understand | GradesUp.gg

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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