History
History, 06.05.2020 02:45, makaylacroy02

How does a positive balance of trade differ from a negative balance of trade?

A positive balance of trade means that a country has a trade deficit, and a negative balance of trade means that a country has a trade surplus.

A positive balance of trade means that a country only imports goods, and a negative balance of trade means that a country only exports goods.

A positive balance of trade means that a country exports more than it imports, and a negative balance of trade means that a country imports more than it exports.

A positive balance of trade means that a country imports more than it exports, and a negative balance of trade means that a country exports more than it imports.

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How does a positive balance of trade differ from a negative balance of trade?

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