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What is known as imports and exports?

Imports are goods or services brought into a country from another. Exports are goods and services sold to other countries.


What did Montreal used to be known as?

The settlement that would become Montreal, Quebec was known as Ville-Marie.


What is it called when exports are equal imports?

This is known as a balance of trade.


What does it mean if net exports are negative?

Net Exports (X-I) equal Exports (X) minus Imports (I). If Net Exports are negative ( X - I < 0 ) it implies that Imports must be larger than Exports. The country is importing more than it is exporting. This is also known as a Trade Deficit or a Commercial Deficit.


When a nation imports more than it exports economists say it has what?

Its known as a trade surplus


When a nation imports more than it exports economist says it has what?

Its known as a trade surplus


When a nation imports more than it exports economists say it has a?

Its known as a trade surplus


When a nation exports more than it imports economists say it has .?

Its known as a trade surplus


When a nation exports more than it imports economists say it has?

Its known as a trade surplus


When a nation imports more than it exports economist say it has what?

Its known as a trade surplus


When a nation imports more than it exports economist say it has?

Its known as a trade surplus


What providence is Montreal is in?

Montreal is located in the province of Quebec, Canada. It is the largest city in the province and is situated on the Island of Montreal, which is at the confluence of the Saint Lawrence and Ottawa Rivers. Quebec is known for its rich French-speaking culture and history.