What's it: A trade surplus is when the value of a country's exports exceeds its imports. Or in other words, the country reports a positive trade balance. Since international trade involves two different currencies for payment, a surplus
Better knowledge. Sharper Insight.
What's it: A trade surplus is when the value of a country's exports exceeds its imports. Or in other words, the country reports a positive trade balance. Since international trade involves two different currencies for payment, a surplus