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What is a trade surplus?
country export more than they import
If a country exports more than it imports is it better of worse off?
It is an economic advantage for a country to export more than it imports, because this will give it extra money which it can then invest in other countries.
Who is Americas biggest export customer?
America exports more dollars worth of goods to Canada than to any other country.
How does a country create a trade deficit?
wen the countries import is more than the export which will leads to the trade deficit in that country.
What is export promotion and import substitution?
export promotion is exporting morn than import when production is more there is more export to other states and countries . import substitution means substituting import from one place to other.
What is a trade surplus?
country export more than they import
If a country exports more than it imports is it better of worse off?
It is an economic advantage for a country to export more than it imports, because this will give it extra money which it can then invest in other countries.
Who is Americas biggest export customer?
America exports more dollars worth of goods to Canada than to any other country.
Does France export more goods or import more goods?
France imports more goods than it does export. That means France is a trade deficit country.
What is the importance of export promotion?
The importance of export promotion is to let other countries know what goods we have available for export. For economic reasons, a country needs to export more than it imports. The Commerce Department helps U.S. companies promote their goods through something called the Export Yellow Pages. This service is free to the companies.
What was not a part of the mercantile system?
the mother country wanted to import more goods than export
How does a country create a trade deficit?
wen the countries import is more than the export which will leads to the trade deficit in that country.
What is export promotion and import substitution?
export promotion is exporting morn than import when production is more there is more export to other states and countries . import substitution means substituting import from one place to other.
What the importance of export promotion?
The importance of export promotion is to let other countries know what goods we have available for export. For economic reasons, a country needs to export more than it imports. The Commerce Department helps U.S. companies promote their goods through something called the Export Yellow Pages. This service is free to the companies.
What concept states that a country should export more than they import?
It is imperative to a country's economy that they should be exporting more than they import. This is to ensure that the country has a sufficient income, and is not spending more than they can afford.
When a country ships out more goods than it brings in?
A good economy. So long as it can export the goods. Otherwise it is wasteful.
Why does Australia export gold to other countries?
For the same reason different countries export other goods. Australia just happends to have more gold available than other countries.
