When a nation imports are more than it exports, economists say it has which of the following? a. a trade surplus b. a balance of trade c. a trade deficit d. a national difference

Every country in the world always tries to have a balance in the volume of products it exports and the volumes of products it imports. These of course is not easy to do, and many countries cannot achieve this.

When a nation imports more than it exports, it has a trade deficit. C will be the correct answer. The united States for example, has one of the biggest trade deficits in the world. Economies agree that it is not easy to overcome this situation and sometimes, nations have to take extreme measures to control the problem.

On the other hand, when a country exports more than it imports, it is called a trade surplus. Although, it is better to have a surplus than a deficit when it comes to trade, both of them have negative consequences in the long run.

Economics around the world agree that the best solution is to try to have a balance of trade but again, it is easy to said and very difficult to do, and even more difficult to maintain it once it has been achieved.

explanation: j