Question and answer
China sells more to other countries than it buys from them. So, China's exports are greater than its imports. This means that China has a _____ and a(n) _____ balance of trade.
China sells more to other countries than it buys from them. So, China's exports are greater than its imports. This means that China has a trade surplus and a favorable balance of trade.
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alturn29|Points 51|
Question
Asked 2/21/2012 7:08:51 PM
Updated 8/30/2018 4:02:50 PM
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This answer has been confirmed as correct and helpful.
Edited by Masamune [8/30/2018 4:02:49 PM]
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Questions asked by the same visitor
In a market without price controls, producers can charge the _____, so that consumers will buy all of their products.
Question
Updated 1/29/2016 10:52:41 PM
1 Answer/Comment
In a market without price controls, producers can charge the EQUILIBRIUM PRICE, so that consumers will buy all of their products.
Added 1/29/2016 10:48:43 PM
This answer has been confirmed as correct and helpful.
Confirmed by yumdrea [1/29/2016 10:52:42 PM]
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