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There are greater opportunities for trade in the European Union than in individual European countries due to the larger market, reduced barriers, and harmonized regulations among member states.

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Continue Learning about Political Science

What is the difference in value between what a nation imports and what it exports over time?

The the difference in value between what a nation imports and exports over time is called the trade balance. If a nation exports more than it imports, it has a trade surplus. If a nation imports more than it exports, it has a trade deficit. This trade balance can impact a nation's currency value and overall economic health.


What is greater or superior than intelligence?

Empathy, humility, and kindness are qualities that can be seen as greater or superior than intelligence in many situations. These attributes can foster strong relationships, support collaboration, and contribute to a more harmonious and balanced society.


What is a trade bill?

A trade bill is a proposed or enacted piece of legislation that aims to regulate trade activities, tariffs, or trade agreements between countries. Trade bills often set out rules and procedures for conducting trade and can have significant impacts on economic relationships between nations.


During the 19th century European nations established spheres of influence in china mainly to?

gain access to trade opportunities and resources, such as tea and silk, in China. This allowed European nations to expand their economic interests and exert influence over Chinese markets.


What were some positive effects of parting from Britain?

Some positive effects of parting from Britain included the establishment of a democratic government, increased opportunities for economic growth and trade with other countries, and the fostering of a strong sense of national identity and pride among Americans.

Related questions

Greater opportunities for trade in the than in the?

Pacific Rim; Steepes


What happens when the level of imports is greater than the level of exports?

A trade deficit


Is a dime bigger than a penny?

The dime has a greater value in trade, and greater purchasing power, but the coin is physically smaller than the penny.


Where can one find a trade market?

This question is difficult to answer as it is very generalised. Trade markets are designed to increase sales or business at the wholesale or distributor level, rather than at the customer level. Opportunities to achieve this can be found through attending trade fairs and similar opportunities.


What happens when the level of importance is greater than the level of exports?

A trade deficit


What happens when the level of import is greater than the level of exports?

A trade deficit


What happens when the level of imports is greater than the level exports?

A trade deficit


What happens when level of imports is greater than level of exports?

A trade deficit


What are some examples of trade deficit?

oil imports greater than exports


What happen when the level of imports is greater than the level of imports?

A trade deficit


What happens when the level of imports is greater than the level of export?

A trade deficit


Can you trade DSI for dsixl?

no. an XL version is more expensive than a dsi. you have to trade it in for something of equal or greater value