A country has a trade surplus when

A) its exports exceed its imports.
B) its exports equal its imports.
C) its government spending exceeds its tax revenues.
D) its exports are less than its imports.

Trade Surplus

The situation when a country exports more than it imports.

Exports

Exports refer to goods or services produced in one country and sold to buyers in another country, contributing to the producing country's economy.

Imports

Goods or services brought into a country from abroad for sale or use.