Based on the total world trade share with the given information, find the nations deficit or surplus.

country A exports to country B: $35
country A exports to country C: $25
country B exports to country A: $30
country B exports to country C: $25
country C exports to country A: $20
country C exports to country B: $40

A exports = 60; imports = 50; surplus = 10

Continue in this way.

We'll be glad to check your answers.

If exports=60 and imports=50 how is 10= surplus? why should it not be a balance or a deficit of 10?

To find the nation's deficit or surplus, we need to calculate the balance of trade for each country. The balance of trade is the difference between a country's exports and imports.

Let's start with country A:

Country A's exports: $35 (to country B) + $25 (to country C) = $60
Country A's imports: $30 (from country B) + $20 (from country C) = $50

Balance of trade for country A: Exports - Imports = $60 - $50 = $10

Therefore, country A has a trade surplus of $10.

Now, let's calculate for country B:

Country B's exports: $30 (to country A) + $25 (to country C) = $55
Country B's imports: $35 (from country A) + $40 (from country C) = $75

Balance of trade for country B: Exports - Imports = $55 - $75 = -$20

Therefore, country B has a trade deficit of $20.

Finally, let's calculate for country C:

Country C's exports: $20 (to country A) + $40 (to country B) = $60
Country C's imports: $25 (from country A) + $25 (from country B) = $50

Balance of trade for country C: Exports - Imports = $60 - $50 = $10

Therefore, country C has a trade surplus of $10.

In summary:
- Country A has a trade surplus of $10.
- Country B has a trade deficit of $20.
- Country C has a trade surplus of $10.