which-of-the-following-scenarios-represents-a-trade-surplus

Question

Which of the following scenarios represents a trade surplus?

Accepted Answer

A country exports $600 million and imports $400 million.

Answer

A country exports $300 million and imports $700 million.

Answer

A country exports $400 million and imports $600 million.

Answer

A country exports $500 million and imports $500 million.