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What is it called when you compare countries imports to its exports?
Wiki User
∙ 11y ago
balance of trade?
Wiki User
∙ 11y ago
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What are goods produced inside the US that are sold and shipped for use in order countries called?
these are called exports. imports are the ones that other countries sell and that we buy
What is it called when exports exceed imports?
A trade surplus is when exports exceed imports.
What are taxes on imports and exports called?
Taxes that are placed on imports and exports are referred to as tariffs. A debate exists regarding whether or not high tariffs help or hurt a nation's economy.
What it is called when the value of imports exceeds the value of exports?
The difference between the value of a country's exports and the value of its imports. If the value of exports exceeds that of imports, a country is said to have a trade surplus, while the opposite case is called a trade deficit.
What is it called when exports are equal imports?
This is known as a balance of trade.
What are goods produced inside the US that are sold and shipped for use in order countries called?
these are called exports. imports are the ones that other countries sell and that we buy
What is it called when exports exceed imports?
A trade surplus is when exports exceed imports.
What are taxes on imports and exports called?
Taxes that are placed on imports and exports are referred to as tariffs. A debate exists regarding whether or not high tariffs help or hurt a nation's economy.
What are taxes on imports or exports called?
Tarifffs
What are goods brought into a country called?
They would be called exports.
The law passed by the Republican Congress in 1807 which banned imports and exports to all foreign countries was called the?
The Embargo Act.
What it is called when the value of imports exceeds the value of exports?
The difference between the value of a country's exports and the value of its imports. If the value of exports exceeds that of imports, a country is said to have a trade surplus, while the opposite case is called a trade deficit.
What are taxes paid on imports and exports called?
tariffs
What are taxes paid imports and exports called?
tariffs
What is the difference in value between what a nation imports and what it exports?
The difference in value between what a nation imports and what it exports is called the trade balance. If a country exports more than it imports, it has a trade surplus. If it imports more than it exports, it has a trade deficit. A balanced trade is when a country's imports and exports are equal.
What is it called when exports are equal imports?
This is known as a balance of trade.
What is it called when your exports are worth more than your 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.
