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When the total value of exports is higher than the total value of imports, a country experiences a trade surplus. This situation indicates that the nation is selling more goods and services to foreign markets than it is purchasing from them. A trade surplus can contribute positively to the country’s economy by boosting domestic production and employment. However, persistent surpluses can also lead to trade tensions with other nations.
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What does a country experience when the total value of exports is higher than the total value of imports?
they will fell differentthey will
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.
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.
What is the total value of the nation's exports compared to its imports measured over a specific period of time called?
The total value of a nation's exports compared to its imports over a specific period of time is called the trade balance. When exports exceed imports, it results in a trade surplus, while the opposite leads to a trade deficit. This measure is an important indicator of a country's economic health and international trade performance.
What was China's per capita value of imports in 2003?
Its per capita exports value increased to $373, and imports to $360, in 2003.
What does a country experience when the total value of exports is higher than the total value of imports?
they will fell differentthey will
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 the difference in value between what a nation imports and what it exports?
The difference in value between what a nation imports and what it exports is called the trade balance. If a country exports more than it imports, it has a trade surplus. If it imports more than it exports, it has a trade deficit. A balanced trade is when a country's imports and exports are equal.
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 is the difference in value between what a nation imports and what it exports over time?
The the difference in value between what a nation imports and exports over time is called the trade balance. If a nation exports more than it imports, it has a trade surplus. If a nation imports more than it exports, it has a trade deficit. This trade balance can impact a nation's currency value and overall economic health.
What was China's per capita value of imports in 2003?
Its per capita exports value increased to $373, and imports to $360, in 2003.
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.
This is the difference in the monetary value of exports and imports for a country?
Balance of Trade
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 was Belgium's per capita value of imports in 2003?
Belgium had exports at a whopping $29,770 and imports at $27,690 per capita.
What was the U.S. per capital value of imports in 2003?
The U.S. per capita values of exports were $3,440 and imports were $5,208.
Is GDP and GDE are similar?
GDP=C+I+G+ (X-Z) GDE=C+I+G (this includes the value of all imports) GDP>GDE means that exports>imports GDE>GDP means that imports>exports
