SIE Exam Question 542: Answer and Explanation

Question: 542

A trade surplus results from which of the following?

• A. A country having a current account deficit.
• B. A country exporting more than it imports.
• C. A country exporting less than it imports.
• D. None of the above are correct.

Correct Answer: B

Explanation:

A trade surplus results from a country exporting more than it imports.