A Country Has a Trade Surplus When the ________

A country has a trade surplus when the ________.

A) value of its exports exceeds the value of its imports
B) exchange rate of its currency with other currencies is variable
C) exchange rate of its currency with other currencies is fixed
D) value of its imports exceeds the value of its exports
E) total flow of money into the country equals the total flow of money out of the country

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