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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 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.
What does a country experience when the total value of exports is higher than the total value of imports?
they will fell differentthey will
How exports and imports tend to influence the value of a currency?
Exports and imports significantly influence a currency's value through the balance of trade. When a country exports more than it imports, there is higher demand for its currency, which can lead to an appreciation of its value. Conversely, if imports exceed exports, there may be a surplus of the domestic currency in the foreign exchange market, leading to depreciation. Additionally, trade balances affect investor confidence, further impacting currency valuation.
According to the theory of mercantilism a country has a favorable balance of trade when?
the value of exports is greater than the value of imports
By the 1840s over half the value of American exports was derived from?
Cotton
By the 1840s over half the value of American export was derived from?
cotton
The value of American exports and imports increased by how much percent between 1844 and 1856?
200
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 was China's per capita value of exports in 2003?
Its per capita exports value increased to $373, and imports to $360, in 2003.
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 does Spain earn through their exports?
The estimated value of Spanish exports was $253 billion in 2010.
What was the value of US exports in 1805?
$100,000,000
Does France import more wine than it exports by volume?
No. Value of wine exports: 5.9 billion euro Value of imports: 526 million euros
What is the smallest component of the GDP?
The smallest component of GDP is net exports. The value of imports, the purchases by United States citizens of foreign-produced goods, is subtracted from the value of exports.
What makes up almost half of the value of Egypt's exports?
cotton makes up almost half of Egypt's exports
What was Belgium's per capita value of exports in 2003?
Belgium had exports at a whopping $29,770 and imports at $27,690 per capita.
