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The word that describes a country's economic condition of selling more than it buys is "trade surplus." This occurs when the value of a nation's exports exceeds the value of its imports, indicating a positive balance of trade. A trade surplus can contribute to economic growth and strengthen a country's currency.

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1mo ago

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Related Questions

What is a theory that a country should sell more goods to other countries than it buys?

mercatilism


What is Mercantilists?

a policy based on on the idea that a country should sell more goods than it buys


What is the theory that states a country should sell more goods to other countries than it buys?

mercatilism


What is an economic theory that a country's strength is measured by the amount of gold that a country should sell more than it buys that the colonists exist for the benefit of the Mother Country?

mercantilism


What occurs when one country buys more from another country than it sell to that country?

Then the original country is in the debt of the other country.


What occurs when one country buys more goods from another country than it sells to that country?

When one country buys more goods from another country than it sells to that country, it results in a trade deficit for the purchasing country. This means that the country is importing more than it is exporting, leading to an outflow of domestic currency to foreign markets. Over time, persistent trade deficits can affect the country's economy, potentially leading to depreciation of its currency and increased foreign debt. Conversely, the exporting country benefits from a trade surplus, which can strengthen its economy.


What is it called when a country sells more than it buys?

I think that it is called Mercantilism


What is the term for when a country sells more than it buys?

The term for when a country sells more than it buys is called a trade surplus. This occurs when the value of a country's exports exceeds the value of its imports, resulting in a positive balance of trade. A trade surplus can indicate a strong economy and competitiveness in global markets.


When a country sells more goods than it buys from other countries?

When a country sells more goods than it buys from other countries, it experiences a trade surplus. This means that its exports exceed its imports, which can positively impact its economy by increasing national income and potentially strengthening its currency. A trade surplus may also indicate a competitive advantage in certain industries. However, sustained surpluses can lead to trade tensions with other countries.


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.


What term means that a country is controlled by a more powerful country?

The term satellite state means a country that is controlled by a more powerful country. A satellite state means that the country was once independent by is now heavily controlled by the politics, economy, and military capabilities of another country.


What term means that a country is controlled by a more powerful country.?

The term satellite state means a country that is controlled by a more powerful country. A satellite state means that the country was once independent by is now heavily controlled by the politics, economy, and military capabilities of Another Country.