When a country exports more goods than its imports, the balance of trade is considered to be? Option 1: Surplus Balance of Trade. Option 2: Balanced Trade. Option 3: Trade Balance. Option 4: Deficit Balance of Trade.

The answer is 'Surplus Balance of Trade.'. View full solution:

CUET Economics - When a country exports more goods than its imports, the balance of trade is considered to be? | PYQs + Solutions

CUET Economics 2025 3 June Shift 2

Macro

Easy

Surplus Balance of Trade.

Balanced Trade.

Trade Balance.

Deficit Balance of Trade.

✅ Correct Option: 1

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