# Economics

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

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

Continue in this way.

posted by Ms. Sue
2. If exports=60 and imports=50 how is 10= surplus? why should it not be a balance or a deficit of 10?

posted by Hu

## Similar Questions

1. ### Int. ECO

1. Suppose just trade determines the strength of a currency. A country imports Good I and exports Good X. Because of international conditions, the price of Good I has risen 25%, while the country’s domestic production of Good I
2. ### physics homework

An ocean liner going from country a to country b stops for a few days in country. You are on board and wish to estimate the time it will take you to get to country b. it is 3700 km from country a to country c and 6200 km from

Here is a question on free trade. Country X and Country Z have a free trade agreement. If Country X buys trucks from Country Y and sells the trucks to a car dealer in Country Z, does the buyer need to pay duty on trucks. Why or
4. ### English

She wishes to visit the country whose scenery is beautiful. (In this sentence, what is 'the country'? Is it a country like China, Japan, or brazil? Or is 'the country' an area in a country such as the USA.?)
5. ### Literacy

In global trade, when the difference between money coming into a country from exports and money leaving a country due to imports or money flows from other factors is known as the A. balance of payments. C. balance of trade. B.

In global trade, when the difference between money coming into a country from exports and money leaving a country due to imports or money flows from other factors is known as the A. balance of payments. C. balance of trade. B.
7. ### Economics

Is a country with a trade surplus better off or worse off than a country with a trade deficit? Provide your rationale.