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What happens when there is a surplus of imports brought into the US?
Wiki User
∙ 10y ago
Domestic producers competing with imports suffer from lower prices and fewer sales. They have less revenue and resource owners doing the production have less income. However, Domestic consumers enjoy lower prices!
Wiki User
∙ 10y ago
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What do you call goods that are brought into the US?
Imports
What happens to the huge surplus of corn in the US?
its fed to animals
Where does the US get imports from?
the us gets their imports mostly from CHINA=and then CANADA=
What is US imports?
Oil, engines, and electronics are three major imports of the U.S.
What are the major imports of the US from Canada and why?
the three major imports are cars, oil, and food
What is one cause of the US trade deficit?
.Increased imports from China.
Who imports oil to the US?
somebody
When did the US surplus in international trade?
The United States' surplus in international trade ended in 1983.
When did the US surplus in international end?
The United States' surplus in international trade ended in 1983.
Did the US have a federal deficit or surplus in 1998?
The United States had a federal surplus in 1998. There was a surplus until 2001, but after 2001, the country has had a national deficit.
When did US surplus in international trade end?
The United States' surplus in international trade ended in 1983.
When did the US surplus in international trade end?
The United States' surplus in international trade ended in 1983.
