it is call a defict..... I think
It is called a "negative trade deficit".
That is called a trade deficit.
When a country exports more goods then it imports
When an entity's exports are worth more than imports, it is said to have a trade surplus. When more is imported than exported, it is called a trade deficit.
idgaf ,. i just want the answer
exports more than it imports
That is called a trade deficit.
The country's net exports are positive(net exports being exports minus imports)
When a country exports more goods then it imports
When an entity's exports are worth more than imports, it is said to have a trade surplus. When more is imported than exported, it is called a trade deficit.
idgaf ,. i just want the answer
exports more than it imports
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
a situation where a country has more visible imports than it has exports
Trade surplus
Country exports more than their total imports per capita
imports more that it exports
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.