Multiple choice

Explain how China was able to maintain a trade surplus.

  1. Able to export more than import more

  2. Able to import more than export more

  3. Maintained a positive relationship with Japan

  4. Positive trade relations with Russia
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A Correct answer
Explanation

A trade surplus occurs when a country exports more goods and services than it imports. In historical context, China maintained a surplus because Western nations wanted Chinese goods like tea, silk, and porcelain more than China wanted Western products, creating an imbalance in trade.

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