A state will have a positive balance of trade, or trade surplus, ...

[saliriagwu]

A state will have a positive balance of trade, or trade surplus, when it __________.
 
  A) imports a surplus of consumer goods
  B) exports more than it imports
  C) imports more than it exports
  D) exports progressively more over a fiscal period

Question 2

Which of the following policies would be followed by a protectionist state?
 
  A) Imposing tariffs
  B) Dumping
  C) Eliminating export duties
  D) Disallowing quotas on imports

[dpost18]

Answer to Question 1

Answer: B

Answer to Question 2

Answer: A

[saliriagwu]

Excellent

[shewald78]

Thanks for the timely response, appreciate it