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Favorable balance of trade?
Country exports more than their total imports per capita
When does a trade surplus occur?
When a country exports more goods then it imports
Why is it important for a country to have more exports than imports?
idgaf ,. i just want the answer
When a country has a favorable balances of trade?
Balance of trade, or net exports as it is sometimes called, is the difference between the monetary value of exports and imports of an economy over a certain period of time. In other words, it denotes the relationship between a country's imports and exports. This may be positive or negative.A positive trade balance is known as a trade surplus and this happens when exports are more than imports. On the other hand, a negative trade balance is called as a trade deficit or a trade gap and results when the imports are more than . The balance of trade is sometimes divided into a goods and a services balance.A country attains favourable balance of trade, when its value of exports produced by that country and purchased by a foreign country is more than its imports. This is because it results in a net inflow of monetary payments into the country from the foreign sector. It is called favourable becasue it is beneficial to a country.M.J. SUBRAMANYAM, MUMBAI
What does it mean to an economy if exports exceed imports?
exports more than it imports
Favorable balance of trade?
Country exports more than their total imports per capita
What is the difference in value between what a nation imports and what it exports?
The difference in value between what a nation imports and what it exports is called the trade balance. If a country exports more than it imports, it has a trade surplus. If it imports more than it exports, it has a trade deficit. A balanced trade is when a country's imports and exports are equal.
What theory states that a country has a favorable balance of trade when it exports more than it imports during the colonization and revolutionary war?
Mercantilism is the theory that states a country has a favorable balance of trade when it exports more than it imports. This theory was prevalent during the time of colonization and the Revolutionary War. It emphasized accumulating wealth in the form of precious metals and promoting a positive trade balance through restrictions and regulations.
What is the term used by economist to describe where a nation exports more than it imports?
The country's net exports are positive(net exports being exports minus imports)
When does a trade surplus occur?
When a country exports more goods then it imports
Why is it important for a country to have more exports than imports?
idgaf ,. i just want the answer
When a country has a favorable balances of trade?
Balance of trade, or net exports as it is sometimes called, is the difference between the monetary value of exports and imports of an economy over a certain period of time. In other words, it denotes the relationship between a country's imports and exports. This may be positive or negative.A positive trade balance is known as a trade surplus and this happens when exports are more than imports. On the other hand, a negative trade balance is called as a trade deficit or a trade gap and results when the imports are more than . The balance of trade is sometimes divided into a goods and a services balance.A country attains favourable balance of trade, when its value of exports produced by that country and purchased by a foreign country is more than its imports. This is because it results in a net inflow of monetary payments into the country from the foreign sector. It is called favourable becasue it is beneficial to a country.M.J. SUBRAMANYAM, MUMBAI
What does it mean to an economy if exports exceed imports?
exports more than it imports
What does adverse import mean?
a situation where a country has more visible imports than it has exports
When a country imports more than it exports us called what?
That is called a trade deficit.
How much Pakistan export and imports?
imports more that it exports
If a country exports more than it imports is it better of worse off?
It is an economic advantage for a country to export more than it imports, because this will give it extra money which it can then invest in other countries.
