0
What else can I help you with?
When does a country become an exporter of a good An importer?
A country becomes an exporter of a good when it produces more of that good than it consumes domestically, allowing it to sell the surplus to other countries. Conversely, a country becomes an importer when it consumes more of a good than it produces, necessitating the purchase of that good from foreign markets to meet domestic demand. Factors such as comparative advantage, production costs, and trade policies can influence a country's status as an exporter or importer.
What is it when a country consumes more than it produces?
When a country consumes more than it produces, it typically runs a trade deficit. This means that it imports more goods and services than it exports, leading to an imbalance in its trade account. Such a situation can indicate a reliance on foreign goods and may affect the country's currency value and economic stability if sustained over time. It may also reflect a higher standard of living, but could lead to increased national debt if financed through borrowing.
Is chad a rich country or poor?
Lies, lies... It is not a poor country, Chad is a petroleum country and member of (OPEP) it's far from been a poor country. And oh yeah it's one of the 10 fastest growing economies countries in the world. Google it for more details
What is the economic importance of carbonate?
yes,there is a importance of calcium carbonate as it helps the farmers to grow more good crops and this produces more growth of foodgrains and highly affects the economic growth of country.
What does the current accounts of a country measure?
A nations current account measures how much it lends or borrows from the world. A country where imports run ahead of exports is also spending more than it produces and must borrow abroad to make up the difference.
What nation produces more petroleum then any other country?
Saudi Arabia
When does a country become an exporter of a good An importer?
A country becomes an exporter of a good when it produces more of that good than it consumes domestically, allowing it to sell the surplus to other countries. Conversely, a country becomes an importer when it consumes more of a good than it produces, necessitating the purchase of that good from foreign markets to meet domestic demand. Factors such as comparative advantage, production costs, and trade policies can influence a country's status as an exporter or importer.
Which country consumes more marble?
natalia
Which country consumes more tea then any other country in the world?
Britain
What country consumes more tea than any country in the world?
England
Does the US rely more on domestic petroleum or imported petroleum?
The US consumes 21,000,000 barrels of oil per day and only around 6,000,000 barrels of that are produced within the US. The rest of the petroleum must be imported.
What type of reactor produces more fuel than it consumes?
a fission nuclear reactor -binky
Which country consumes more tea than anywhere?
Japan
Which country consumes more tea than anyother?
Japan. They like their tea.
What does the US use more of than they produce?
The US imports more oil and petroleum products than it produces domestically.
What conclusion can you draw from the fact that the US is the world's largest exporter of rice?
The U.S. produces more rice than it consumes.
Can scientist produce an engine that produces more energy than it consumes?
No, it is not possible to create an engine that produces more energy than it consumes. This would violate the laws of thermodynamics, specifically the law of conservation of energy, which states that energy cannot be created or destroyed, only converted from one form to another.
