They would export more goods than they imported.
Countries attempt to maintain a favorable trade balance by implementing various strategies, such as promoting exports through subsidies and incentives for domestic industries, while imposing tariffs or quotas on imports to limit foreign competition. They may also engage in trade agreements to secure better market access for their products. Additionally, governments often invest in research and development to enhance the competitiveness of their goods and services in the global market. Finally, currency manipulation can be employed to make exports cheaper and imports more expensive, thereby influencing trade flows.
does Tariffs protect American jobs and wages.
they exported more than they imported
A favorable balance of trade occurs when a country's exports exceed its imports, resulting in a trade surplus. This situation is generally viewed as positive for the economy, as it indicates that a nation is selling more goods and services to other countries than it is buying from them. A favorable balance can strengthen the national currency and contribute to economic growth. However, it may also lead to trade tensions with countries that have trade deficits.
Favorable
They would export more goods than they imported.
an attempt limit imports An interest in having a favorable trade balance.
does Tariffs protect American jobs and wages.
they exported more than they imported
Mandate System, victorious powers looking after new independent countries to help them survive and self determination as well. Also disarmament so all countries are equal
the Missouri Compromise
Favorable
it means they are taking in more money exporting its goods than it pays out to buy goods from other countries
creation of a favorable balance of trade
seeking a favorable trade balance
Yes, as the balance of trade is only one part of the balance of payments
creation of a favorable balance of trade