0
Because exporting means that they are selling their own products which is a profit for them . Amd importing meams they are buying supplies or materials so they would be spending money . They want more export than import
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
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 believed that a country should export more goods than it imports and possess an abundance of precious metals?
woodrow wilson
How is it in a nation's interest to export more than it imports?
Because by making a product and exporting it you are employing people in your own country and lowering unemployment, also helping the value of your currency I think.
What is a trade surplus?
country export more than they import
What happens when the level of imports is greater than the level of export?
A trade deficit
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.
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.
Does India export more than it imports?
Probably
Who believed that a country should export more goods than it imports and possess an abundance of precious metals?
woodrow wilson
How would you describe a trade surplus?
In order to have a trade surplus, a country must export (sell) more tangible goods than it imports (buys). If the opposite were true, a trade deficit would exist.
Define current account deficit?
A current account deficit refers to a situation whereby a country imports more than they export.
Why do you think a country must export more than it imports?
Because you create a negative trade deficit otherwise, which has a poor impact on your economy.
Do A trade deficit occurs when the government spends more than it receives in tax revenue?
No, it occurs when you import more than your export.
Does america export more goods than it imports?
No, it is the other way round - it imports much more than it exports. For more details, I suggest a search on "United States trade deficit".
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 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.
How is it in a nation's interest to export more than it imports?
Because by making a product and exporting it you are employing people in your own country and lowering unemployment, also helping the value of your currency I think.
