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What results when a country exports more goods than it imports?
Wiki User
∙ 12y ago
It has a superavit on its commercial swinging and so it becomes wealthier when compared to that other country. But what counts is the global commercial swinging, for a determined country. There are two kind of superavits:Superavit country to country, and global superavit.
King elcid.
Wiki User
∙ 12y ago
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What term refers to the situation that results when a country imports more goods than it exports?
trade deficit
What is known as imports and exports?
Imports are goods or services brought into a country from another. Exports are goods and services sold to other countries.
When does a trade surplus occur?
When a country exports more goods then it imports
What goods are imported and what goods are exported?
Every country imports and exports different goods so it is not possible to answer, however an import is a good that comes to the country from another country and exports are a country selling goods to another country.
What is the relationship between exports and imports?
they both have to do with bringing and taking out goods for a country
What term refers to the situation that results when a country imports more goods than it exports?
trade deficit
What is known as imports and exports?
Imports are goods or services brought into a country from another. Exports are goods and services sold to other countries.
What do you call goods bought from another country?
exportsAdded; Goods sold TO other countries would be EXPORTS. Goods FROM other countries sold here would be imports.
What are goods brought into a country called?
They would be called exports.
When does a trade surplus occur?
When a country exports more goods then it imports
what is Of Trade?
is a system that shows the goods and services that a country imports and exports.
What goods are imported and what goods are exported?
Every country imports and exports different goods so it is not possible to answer, however an import is a good that comes to the country from another country and exports are a country selling goods to another country.
What is composition of trade?
is a system that shows the goods and services that a country imports and exports.
What is the relationship between exports and imports?
they both have to do with bringing and taking out goods for a country
Does the country India import?
The country India imports food and goods to the world. Almost everywhere in the wold imports and exports things.
Why does Greece import and export goods?
No country can be self-sufficient in all desired goods so a country has to import. To pay for imports, a country exports the goods it produces.
What terms means the amount of goods sold abroad compared to what is bought abroad?
Trade balance refers to the difference between a country's exports and imports of goods. When a country exports more goods than it imports, it is said to have a trade surplus, and vice versa for a trade deficit.
