If a country is a net exporter, which statement best describes its trade balance?

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Study for the MTTC Business Management, Marketing, and Technology (098) Test. Use flashcards and multiple choice questions with detailed explanations for each question. Prepare effectively for your exam!

Multiple Choice

If a country is a net exporter, which statement best describes its trade balance?

Explanation:
Being a net exporter means the country sells more to the world than it buys from it. That makes exports exceed imports, yielding a positive trade balance (a trade surplus). A zero balance would require exports and imports to be equal, and a deficit would occur if imports exceeded exports. So the correct description is that exports exceed imports, producing a trade surplus.

Being a net exporter means the country sells more to the world than it buys from it. That makes exports exceed imports, yielding a positive trade balance (a trade surplus). A zero balance would require exports and imports to be equal, and a deficit would occur if imports exceeded exports. So the correct description is that exports exceed imports, producing a trade surplus.

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