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Did England have to export more goods then import to make more money?
Wiki User
∙ 6y ago
Exports are sales. Imports are buys. You need to export more to make money.
Wiki User
∙ 6y ago
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What are the difference between the import expenditure and the export expenditure in the economy?
Import expenditure refers to the money spent on imported goods. It is an expenditure because it refers to capital outflow. Export expenditure is the money spent on semi-finished goods, used for export.
Why does Canada export and import so many things from china?
Its because it costs less to import and you make a lot of money exporting to China
Do both countries benefit from export trade?
Yes, I agree with the opinion the export trade helped both the countries. It will be a great opportunity to export goods of a particular country to other countries because that would bring money and also fame for a country if its exported products are good. The traders of that country would get enough money for their products. The people of the countries which import those goods maybe benefitted as their choices for goods increases and they could even use those products, which are made thousands od miles far.
Why is import and export important in country development?
it helps in the countries economy to increased and benefit from the money they get
Why does a country export goods?
Countries export goods because they have a surplus or more then what they need, gives to countries stuff they don't have, raises money for their country and they trade for something else in exchange for that good.
What are the difference between the import expenditure and the export expenditure in the economy?
Import expenditure refers to the money spent on imported goods. It is an expenditure because it refers to capital outflow. Export expenditure is the money spent on semi-finished goods, used for export.
To make money from its trade England had to import more goods than it exported true or false?
False, because To make money from its trade England had to export more goods than it imported. Same if ur in Mr.Wells class also so yea. You get all answers from here! lol.
Is it better to import or export to Canada?
Better to export since we make money that way.
Why do China import and export to other countries?
They import what they need and export what they have so that they have the money they need to import what they need Is a viscous circle. nobody cares jonney1 we haked in LOL X
How Australia make there money?
they export goods and have alot of industry
What has the author Rosemary E Minyard written?
Rosemary E. Minyard has written: 'The Export-Import Bank' -- subject(s): Appropriations and expenditures, Export-Import Bank of the United States, Money market
Why does Canada export and import so many things from china?
Its because it costs less to import and you make a lot of money exporting to China
Do both countries benefit from export trade?
Yes, I agree with the opinion the export trade helped both the countries. It will be a great opportunity to export goods of a particular country to other countries because that would bring money and also fame for a country if its exported products are good. The traders of that country would get enough money for their products. The people of the countries which import those goods maybe benefitted as their choices for goods increases and they could even use those products, which are made thousands od miles far.
Why isn't trade export?
Trade is the exchange of goods for other goods, for money or other considerations. Export is trade with overseas countries which may include importing.
Why is import and export important in country development?
it helps in the countries economy to increased and benefit from the money they get
A major export industry in New England?
A export is things that a place sends out to another country to make money. In New England, a major export was cattle, lumber, fish and fur.
Is tourism an import or export?
Tourism is considered an export because it involves the sale of services provided to visitors from other countries who spend money in the host country. This brings in foreign currency and contributes to the local economy.
