Ask Question
30 May, 07:02

A favorable balance of trade occurs when the value of a country's exports exceeds the value of its imports.

+3
Answers (1)
  1. 30 May, 07:11
    0
    YES, a favorable balance of trade; occurs when the value of a country's exports exceeds that of its imports. An unfavorable balance of trade; occurs when the value of a country's imports exceeds that of its exports.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A favorable balance of trade occurs when the value of a country's exports exceeds the value of its imports. ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers