kamwri0690 kamwri0690
  • 08-10-2020
  • Social Studies
contestada

If a nation sells more crops to other nations than it imports, what is that situation known as?

Respuesta :

jayilych4real
jayilych4real jayilych4real
  • 17-10-2020

Answer:

Trade surplus

Explanation:

A trade surplus is an economic term to describe a situation where a country exports more goods to other nations than it imports and this is a positive balance of trade.

Therefore, according to the question, If a nation sells more crops to other nations than it imports, the situation is known as a trade surplus.

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