trade surplus
A trade surplus occurs when a country's exports—goods and services sold to other countries—exceed its imports, which are goods and services bought from abroad. This means the country is earning more money from selling its products than it is spending on foreign goods. A trade surplus can indicate a strong economy and competitive industries, but it may also lead to tensions with trade partners who may have trade deficits. Ultimately, it reflects a positive balance in trade, contributing to the overall economic health of the nation.
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A trade surplus occurs when a country exports more goods and services than it imports. In other words, it sells more to other countries than it buys from them. This situation typically leads to an inflow of money into the country, which can strengthen its economy. A trade surplus may indicate a competitive advantage in certain industries or strong demand for a country's products. However, it can also lead to tensions with trading partners that may have trade deficits, as they might seek to balance the trade relations.