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Yes it is an issue. The finace gained from over seas trade is vital as the GDP (Gross domestic Product) requires exports to boost cash flow

GDP = C + G + I + NX

where:

"C" is equal to all private consumption, or consumer spending, in a nation's economy

"G" is the sum of government spending

"I" is the sum of all the country's businesses spending on capital

"NX" is the nation's total net exports, calculated as total exports minus total imports. (NX = Exports - Imports)

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Is falling government revenues one problem that may result when a nation imports more than it exports?

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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.


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What is the difference in value between what a nation imports and what it exports?

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A problem that may result when a nation imports more than it exports is?

An imbalance between imports and exports occurs. It could mean a country is unable to cover the cost of importing, until money coming in through exporting comes in.


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What are taxes on imports and exports called?

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