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These are goods which are in extra quantity and are given to retailers on buying a package of goods. These are then sold at low cost because these are profit to retailers at any price sold. These goods are 100% original and of the same quality as of other goods.These are available in every brand including the high end like ARMANI,GUCCI,etc
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∙ 13y ago
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What is a trade surplus?
country export more than they import
When a nation's exports exceed its import what is it called?
When a country' import exceed it's export is called Deficit then when a county's export exceed it import is called surplus.
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.
When a country ships out more goods than it brings in?
A good economy. So long as it can export the goods. Otherwise it is wasteful.
What is the US import to export ratio?
The U.S. import and export ratio is a ratio of those respective values in relation to the U.S. gross domestic product (GDP) value. When the import value exceeds the export value, a trade deficit exists. When the export value exceeds the import value, a trade surplus exists. Currently, the U.S. has sizable trade deficits with China and Japan.
Why do Egypt export oil the most?
they have a surplus
What is a trade surplus?
country export more than they import
What is Turkey's Major Export?
Mainly transport e.g ships, trains, buses, e.c.t. They also export a lot of textiles and have a fish surplus so they export that too.
How would you describe a trade surplus?
In order to have a trade surplus, a country must export (sell) more tangible goods than it imports (buys). If the opposite were true, a trade deficit would exist.
Did new England's economic prosperity depend on growing surplus cash crops for export?
true
When a nation's exports exceed its import what is it called?
When a country' import exceed it's export is called Deficit then when a county's export exceed it import is called surplus.
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.
Why did the Greek settle?
To export their surplus populations which could not be supported on the limited land of their city-states, and had to be got rid of before they caused trouble.
When a country ships out more goods than it brings in?
A good economy. So long as it can export the goods. Otherwise it is wasteful.
What is the US import to export ratio?
The U.S. import and export ratio is a ratio of those respective values in relation to the U.S. gross domestic product (GDP) value. When the import value exceeds the export value, a trade deficit exists. When the export value exceeds the import value, a trade surplus exists. Currently, the U.S. has sizable trade deficits with China and Japan.
Which of these was not part of the Agricultural Adjustment Act of 1933?
The purpose of the Agricultural Adjustment Act was to create a federal farm board with the authority to purchase surplus crops. The legislation was designed to increase the export of farm products to Europe.
What were the advantages and disadvantages of living in the colony of Pennsylvania?
I knwo an advantage is that the colony was concidered the leader in agriculture, they made a lot of surplus for export and trade, and that added on to the wealth of the colony and people
