Question

If the United States exports more goods/services than it imports, then the U.S. would have a(n)___________.

A. Increased global impact.
B. Trade deficit.
C. Unfavorable balance of trade.
D. Trade surplus.Favored trading nation.

Answer 1

D. Trade surplus.Favored trading nation.

Step-by-step explanation:

The balance of trade, commercial balance, or net exports (sometimes symbolized as NX), is the difference between the monetary value of a nation's exports and imports over a certain time period.

If a country exports a greater value than it imports, it has a trade surplus or positive trade balance, and conversely, if a country imports a greater value than it exports, it has a trade deficit or negative trade balance.