109k views
1 vote
When governments seek a favorable trade balance, they want _____.

User Ffritz
by
9.2k points

2 Answers

1 vote
When governments seek a favorable trade balance, they want _____.
Answer: to export more than they import
User Krsteeve
by
8.0k points
0 votes

Answer:

When governments seek a favorable trade balance, they want to export more than they import.

Step-by-step explanation:

Trade balance is an economic term that represents imports and exports of goods between countries. We say that a country's trade balance is favorable when it exports (sells to other countries) more than it imports (buys from other countries).

The favorable trade balance has advantages for a country, as it attracts foreign currency and generates jobs within the exporting country.

User Komaruloh
by
8.4k points