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What occurs when one country buys more from another country than it sell to that country?
Then the original country is in the debt of the other country.
What is the term for when a country sells more than it buys?
The term for when a country sells more than it buys is called a trade surplus. This occurs when the value of a country's exports exceeds the value of its imports, resulting in a positive balance of trade. A trade surplus can indicate a strong economy and competitiveness in global markets.
What occurs when one country buys more goods from another country than it sells to that country?
When one country buys more goods from another country than it sells to that country, it results in a trade deficit for the purchasing country. This means that the country is importing more than it is exporting, leading to an outflow of domestic currency to foreign markets. Over time, persistent trade deficits can affect the country's economy, potentially leading to depreciation of its currency and increased foreign debt. Conversely, the exporting country benefits from a trade surplus, which can strengthen its economy.
What is it called when a country sells more than it buys?
I think that it is called Mercantilism
How is it possible for a good to be both a capital good and a consumer good?
A service buys another service's goods and sells it to people.
What occurs when one country buys more from another country than it sell to that country?
Then the original country is in the debt of the other country.
What is it called when a country sells more than it buys?
I think that it is called Mercantilism
What is good that one country buys from another country?
Oil
What is a good that one country buys from another?
Oil
What is the difference between dealer and dealership?
a dealership is a business that buys/sells automobiles. A dealer buys/sells automobiles for a dealership.
How is it possible for a good to be both a capital good and a consumer good?
A service buys another service's goods and sells it to people.
How is possible for a good to be both a capital good and a consumer good?
A service buys another service's goods and sells it to people.
Why does a country export products?
When a country exports products it is paid for them. The money received can then be used to import other products. So, for example, one country has coal but no onions, the neighboring country has onions but no coal. If the first country sells coal and buys onions, it can now make delicious sauteed onions. If the second country sells onions and buys coal, it too can make delicious sauteed onions. Everyone eats better.
One who buys and sells goods?
newdiv
Someone who buys and sells shares?
investor
What is a person who buys and sells retail?
Consumer
Who sells and buys stocks in the US?
Broker
