Consumer surplus is the amount exceeding an equilibrium price the consumer is willing to pay. The equilibrium price is an idealized price, in which the demand for the good equals its supply. If the ...

How Trade Surplus Affects the Economy A trade surplus occurs when trade balance is positive. Trade balance is equal to the total value of exports minus the total value of imports. A trade surplus can ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...