206k views
2 votes
What is the most likley effect of a slurpus trade

1 Answer

5 votes
A trade surplus can create employment and economic growth, but may also lead to higher prices and interest rates within an economy. A country's trade balance can also influence the value of its currency in the global markets, as it allows a country to have control of the majority of its currency through trade.
User Ted Kulp
by
5.3k points