A country's imports are worth more than its exports. What kind of bala…

Question

A country's imports are worth more than its exports. What kind of balance of trade does it have?

Accepted Answer

C. Negative or unfavourable

1. Balance of trade compares imports and exports.
2. Imports above exports gives a negative balance.
3. It drains financial reserves.
_Source: syllabus Geography, Fundamentals of Human Geography, Chapter 9, International Trade._

Answer

Perfectly balanced

Answer

Neutral and stable

Answer

Positive or favourable

A country's imports are worth more than its exports. What kind of balance of trade does it have?

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