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Canada exports and imports with France for a lot of different reasons. The reason why Canada and France import items to each of the countries is because, they can't make enough of the supply for their country, the other country (Canada) has better quality of the product which means more people will buy it, the product is less expensive, and because there's a bigger variety of the product as in style, colour, shape, size, etc.
There are three different reasons "Why Canada and France export with each other". The first reason is, the product that Canada or France has is unique so other countries want to buy it. The second reason is, Canada or France has a surplus amount of the product and the third reason is, the product has a good price.
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What is balance of trade?
Balance of trade is the relationship between a country's exports and imports. There is a trade surplus when a country's exports exceed its imports, and there is a trade deficit when a country's imports exceed its exports.
What is it called when exports exceed imports?
A trade surplus is when exports exceed imports.
What is an excess of imports over exports?
This would be a trade deficit, where the imports cannot be balanced by exports.
Nation's imports and its exports is referred to as?
Net exports or the balance of trade.
If a country has a trade surplus?
Exports > imports
What is balance of trade?
Balance of trade is the relationship between a country's exports and imports. There is a trade surplus when a country's exports exceed its imports, and there is a trade deficit when a country's imports exceed its exports.
What does France trade?
France exports vehicle parts, refined petroleum, pharmaceuticals, and aircrafts. It imports machinery equipment, plastic, chemicals, and crude oil. Some countries with which France either imports or exports with are Germany and Belgium.
Trade agreement on imports and exports from the US to Canada and Mexico?
The North American Free Trade Agreement (NAFTA)
What is it called when exports exceed imports?
A trade surplus is when exports exceed imports.
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 an excess of imports over exports?
This would be a trade deficit, where the imports cannot be balanced by exports.
Why do you have imports and exports?
u have imports and exports so that the ine of trade can continue and think about it, if we didnt have chinas exports what would we have
Why do Canada and Thailand trade?
Same reason other countries do. To get unique imports and exports sent to each other.
Nation's imports and its exports is referred to as?
Net exports or the balance of trade.
If a country has a trade surplus?
Exports > imports
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 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.
