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An imbalance between imports and exports occurs. It could mean a country is unable to cover the cost of importing, until money coming in through exporting comes in.

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Seamus Toy

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3y ago

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Related Questions

Is falling government revenues one problem that may result when a nation imports more than it exports?

no


What is one problem that may result when a nation imports more than it exports?

An imbalance between imports and exports occurs. It could mean a country is unable to cover the cost of importing, until money coming in through exporting comes in.


Is high unemployment one problem that may result when a nation imports more than it exports?

Yes it is an issue. The finace gained from over seas trade is vital as the GDP (Gross domestic Product) requires exports to boost cash flowGDP = C + G + I + NXwhere:"C" is equal to all private consumption, or consumer spending, in a nation's economy"G" is the sum of government spending"I" is the sum of all the country's businesses spending on capital"NX" is the nation's total net exports, calculated as total exports minus total imports. (NX = Exports - Imports)


What can result in a reduction of gdp?

Imports increase faster than exports


What is the result in a reduction of GDP?

The reduction of GDP usually leads to job loses and a drop in the growth of economy. It also leads to more imports than the exports.


What is a result in a reduction of GDP?

The reduction of GDP usually leads to job loses and a drop in the growth of economy. It also leads to more imports than the exports.


What is a result of a GDP reduction?

The reduction of GDP usually leads to job loses and a drop in the growth of economy. It also leads to more imports than the exports.


To what extent and in what ways did the Italian Renaissance result from Italy's geographic advantage in the world trade of the 15th centuries?

Italy was the only water route in and out of Europe and Asia at the time, giving them first dibs on all the imports and exports.


How did the embargo act affect imports and exports?

The Embargo Act of 1807 significantly restricted American trade by prohibiting exports and imports to and from foreign nations, aiming to protect U.S. interests and avoid entanglement in foreign conflicts, particularly with Britain and France. As a result, American merchants faced severe economic hardships, leading to a decline in international trade and contributing to widespread smuggling. The act ultimately proved unpopular and ineffective, prompting its repeal in 1809, but it underscored the vulnerabilities of the U.S. economy to external pressures.


What do tariffs and the Salem witch trails have in common?

Well, let's see: "Tariff" is a word that deals with imports and exports and schedules. The Salem witch trials were witchcraft trials and the result of many negative factors in Puritan Massachusetts. I'm gonna have to say they have nothing in common.


What was a result of the prosperity that came from increased exports in Latin America?

yes


In what way did british change their policies as a result of the rebellion of 1857?

By Limiting Grain Imports