goods and services bought from other countries are called imports.
The balance of trade, also known as net exports, is the difference between the dollar amount of merchandise exports and the dollar amount of merchandise imports.
A current account deficit refers to a situation whereby a country imports more than they export.
This would be a trade deficit, where the imports cannot be balanced by exports.
There are many situations that would encourage the European Union to put tariffs on imports. A good example is when the imports pose a threat to the local productions.
An example is a protectionist trade policy would be a tariff on imports, or quotas on the volume of imports.
How would you define a subtancebased on what you have obsrved
How would you define a subtancebased on what you have obsrved
u have imports and exports so that the ine of trade can continue and think about it, if we didnt have chinas exports what would we have
"Usually stores at your local outletts have world imports. Though expensive, it costs less than it would if you would buy it online, which is another alternative. You can always find world imports in department stores too."
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