ECONOMICS
TRADE EXCHANGE AND INTERDEPENDENCE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which type of country is MOST likely to have a surplus in visible trade?
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An emerging country
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A developed country
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A developing country
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None of the above
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Explanation:
Detailed explanation-1: -The USA is one of the few countries with which India has a trade surplus.
Detailed explanation-2: -A trade surplus is an economic measure of a positive balance of trade, where a country’s exports exceed its imports.
There is 1 question to complete.