Last year, the nation of Kwansai reported that it had a favorable balance of trade even though it imported $11 billion worth of goods. This indicates that Kwansa:________.
a. exported $11 billion worth of goods.b. exported more than $11 billion worth of goods.c. overpriced the value of its exports.d. exported less than $11 billion worth of goods.

This given situation describes that the export value of goods is more than the import value of goods that reflect the net exports and the favorable balance too.

So by considering the net exports, we can conclude that option b is a correct option

shrutiagrawal1798 shrutiagrawal1798 · Answer 2 · 2021-12-18T12:30:50+01:00

The net balance has been positive indicating the export to be higher than $11 billion. Thus, option B is correct.

The net income of the nation can be given as the total income left after the import and export and the goods. In other words the balance that has been left after the funds raised from export , and spending the funds for import.

The net balance has been positive, when the export has been more than the import and vice versa. Since, for Kwansai there has been the balance of $11 billion after the import, thus, the net balance has been positive indicating the export to be higher than $11 billion. Thus, option B is correct.

For more information about the export, refer to the link:

https://brainly.com/question/9509216