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Q: When the total value of exports is higher than the total value of imports?
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What does a country experience when the total value of exports is higher than the total value of imports?

they will fell differentthey will


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 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.


When the value of a nation imports exceeds the value of that nations exports the nation is said to have?

When nation's value of imports exceeds the value of its exports, it can be said that the nation has a trade deficit.


What is the difference in value between what a nation imports and what it exports over time?

The the difference in value between what a nation imports and exports over time is called the trade balance. If a nation exports more than it imports, it has a trade surplus. If a nation imports more than it exports, it has a trade deficit. This trade balance can impact a nation's currency value and overall economic health.


What was China's per capita value of imports in 2003?

Its per capita exports value increased to $373, and imports to $360, in 2003.


What was China's per capita value of exports in 2003?

Its per capita exports value increased to $373, and imports to $360, in 2003.


This is the difference in the monetary value of exports and imports for a country?

Balance of Trade


What is favorable balance of trade?

A situation that exists when the value of a nation's exports is in excess of the value of its imports.


Is GDP and GDE are similar?

GDP=C+I+G+ (X-Z) GDE=C+I+G (this includes the value of all imports) GDP>GDE means that exports>imports GDE>GDP means that imports>exports


What is the balance of trade?

The balance of trade (or net exports, sometimes symbolized as NX) is the difference between the monetary value of exports and imports of output in an economy over a certain period. It is the relationship between a nation's imports and exports.


What was the U.S. per capital value of imports in 2003?

The U.S. per capita values of exports were $3,440 and imports were $5,208.