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Exporting can be more beneficial than importing because it allows countries to generate revenue and create jobs through the sale of goods and services to foreign markets. It can also enhance a nation's economic growth by diversifying its markets and reducing reliance on domestic consumption. Additionally, exporting fosters innovation and competitiveness, as companies strive to meet international standards and consumer preferences. Ultimately, a strong export sector can lead to a favorable balance of trade and greater economic stability.
What else can I help you with?
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.
What happens when the level of imports is greater than the level of export?
A trade deficit
Why would Canada import or export?
Because if Canada imports and exports then we will be a better country. i might say its because if Canada imports and exports, then THEY will be a better country. I'm sure it affects the United States in a good way too, but to answer your question, i believe that they import and export to better their OWN country
Who believed that a country should export more goods than it imports and possess an abundance of precious metals?
woodrow wilson
Why doesn't the us export as many minerals as Canada?
1. The United States is the world's biggest consumer of energy resources. It imports fuels from Canada, so the US imports more than it exports.
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 India export more than it imports?
Probably
What happens when the level of imports is greater than the level of export?
A trade deficit
Why would Canada import or export?
Because if Canada imports and exports then we will be a better country. i might say its because if Canada imports and exports, then THEY will be a better country. I'm sure it affects the United States in a good way too, but to answer your question, i believe that they import and export to better their OWN country
How much Pakistan export and imports?
imports more that it exports
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 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 are the major export and imports of Asia?
There are not ANY!
Does Canada import or export rubber?
it imports it ^_^
What are the imports and export to Canada from Cambodia?
nothing
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 are Malaysia's major imports and exports?
in Malaysia they export timber and electornics. for imports they get food, and technology.
