0
This is really like asking whether a broken arm or a broken leg is better. Trade deficits are bad, m'kay? If you have one, you have to borrow money to pay for the things you import (because you get money by selling goods to other countries), your citizens don't have as much work as they could, and Another Country gets rich at your expense. A trade surplus is bad too. If you have one, the country you have it with might implement protective tariffs to slow down your exports and encourage its countrymen to start factories to make the things you're exporting to them. The ideal situation is balanced trade--importing no more than you export.
Add your answer:
Earn +20 pts
Does the UK have a trade surplus or trade deficit?
It has a surplus in trade of invisibles, and a deficit in trade of visibles.
Does Italy have a trade deficit or a trade surplus?
Germany currently has a trade surplus. COOL HUH !
Does US have a deficit or trade surplus?
Trade deficit
Does China have a trade surplus or a trade deficit?
surplus Quantify the surplus amount as in March 2011
Does Sweden have a trade deficit or surplus?
In 2011 they had a surplus of about 13 billion
Does the UK have a trade surplus or trade deficit?
It has a surplus in trade of invisibles, and a deficit in trade of visibles.
Does Italy have a trade deficit or a trade surplus?
Germany currently has a trade surplus. COOL HUH !
Does US have a deficit or trade surplus?
Trade deficit
Is India a trade deficit or trade surplus?
deficit
Does Egypt have a trade surplus or trade deficit?
their trade surplus
Did the US have a trade surplus or deficit?
The USA has a trade deficit.
Does Japan have a trade trade surplus or deficit?
A trade surplus because of their auto exports.
Does China have a trade surplus or a trade deficit?
surplus Quantify the surplus amount as in March 2011
Does Sweden have a trade deficit or surplus?
In 2011 they had a surplus of about 13 billion
Does the US have a trade deficit or a trade surplus with its largest trading partners?
The Bureau of the Census records indicated that in 2004, the United States had a trade deficit with each of its four largest trading partners.
Does Germany have a trade deficit?
No, Germany has a balance of payments surplus.
Difference between trade surplus and trade dificit?
trade surplus is better than trade deficit because it entails a better balance of payments (BOP) while trade deficit entails poor balance of payments.trade surplus also implies that exports exceed imports.When a nation has a trade surplus, it has control over the majority of its own currency. This causes a reduction of risk for another nation selling this currency, which causes a drop in its value. When the currency loses value, it makes it more expensive to purchase imports, causing an even a greater imbalance.a trade deficit usualy has adverse effects on an economy especialy on the markets
