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When the total value of exports is higher than the total value of imports, a country experiences a _____ answer trade exchange. trade surplus. trade deficit. countertrade?

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User Sibel
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The correct answer that would best complete the given statement above is the term TRADE SURPLUS. When the total value of exports is higher than the total value of imports, a country experiences a trade surplus. This is the amount by which the value of a country's exports exceeds the cost of its imports. Hope this answer helps.
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User Humza Khan
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