Question

When exports are more than imports, trade is ______.

Options

• Favourable

• Unfavourable

• Opposite

• Unbalanced

Answer 1

When exports are more than imports, trade is Favourable.

Explanation:

If a country exports more than it imports, it has a trade surplus or a positive trade balance; if a country imports more than it exports, it has a trade deficit or a negative trade balance. As of 2016, approximately 60 of the world's 200 countries had a trade surplus.