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7 August, 10:56

What is considered a favorable balance of trade in a country?

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  1. 7 August, 12:54
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    Favorable balance of trade is a positive situation where a country exports more goods and services than what it imports. It is an economic term that refers to the existence of a surplus in the nation's balance of trade.
  2. 7 August, 13:00
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    A country must sell fewer goods to other countries than it buys from other countries
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