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How would you define balance of trade?
The balance of trade, also known as net exports, is the difference between the dollar amount of merchandise exports and the dollar amount of merchandise imports.
How much money does Quebec cost Canada every year?
Around 35% of Canadas yearly budget even throught they only house 23% of Canadas population.
Define the term budget?
Its classed as an estimation of the revenue and expenses over a specified future period of time
Net exports are negative?
positive net exports increase equilibrium GDP while negative net exports decrease it.
What country exports the most oil?
Russia exports the most oil.
What is Canadas GDP?
As of 2021, Canada's GDP is approximately $2 trillion USD.
How would you define exports?
Goods and services sold to other countries are called exports
What are Canadas major imports and exports?
Canada's major export is 'energy', and our major import is 'industrial manufacturing/equipment'. Please see Statistics Canada link below.
How would you define the term electromegnetism?
define the term "electromegnetism".
What is the term used by economist to describe where a nation exports more than it imports?
The country's net exports are positive(net exports being exports minus imports)
Explain how exports can be greater than a country's GDP?
gdp includes consumption, investment ,govt spending and net exports.......the last term i,e., net exports is nothing but (exports-imports) .so if imports are far higher than exports then it can make the term gdp less than the term exports .....countries having heavy import based economy will have this anamoly.....especially small countries like singapore luxembourg have this feature....
What is the term on sound?
define the term sound
How would you define balance of trade?
The balance of trade, also known as net exports, is the difference between the dollar amount of merchandise exports and the dollar amount of merchandise imports.
Which term refers to goods produced inside of the U.S. that are sold and shipped for use in other countries?
Exports
Define the term map as used in engineering drawing?
= Define the term map as used in engineering drawing?" =
Define a term from the point of view of logic?
What term?
What is term and how does court define term?
the study of currency
