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Which of the terms refers to the situation that results when a country imports more goods than it exports?
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What term refers to the situation that results when a country imports more goods than it exports?
trade deficit
When a country has a favorable balances of trade?
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
What results when a country exports more goods than it imports?
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.
Effects of economic dualism?
It results into inflation in the country
How do government taxation for consumption spending and importing goods for short term consumption affect economic growth?
Government taxation for consumption spending and importing goods for short-term consumption weakens the economic growth. An increase in imports results in a lower GDP and, consequently, economic loss as money is spent and funneled out of the country.
What term refers to the situation that results when a country imports more goods than it exports?
trade deficit
When a country has a favorable balances of trade?
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
What results when a country exports more goods than it imports?
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.
The results of the blockade of British ports was that?
Exports to France were haulted. France exports were halted.
What results from a country not being able to pay its international debt?
Confidence in the country's economic system and its ability to repay its debts becomes diminished in such a situation.
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You choke.
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What is a comparative advantage?
A comparative advantage is the ability of a country, individual, or entity to produce a good or service at a lower opportunity cost than another. It is the foundation of international trade, where each party specializes in producing goods where they have a comparative advantage, leading to greater efficiency and overall economic benefits.
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Discuss the role of state trading organisation in canalisation of exports?
Results for 'Discuss the role of currency in promoting or limiting international trade between countries
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Scientists usually list numerical results in a table or a graph. The type of graph depends on the situation and what the numbers are.
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