Questions LLC
Login
or
Sign Up
Ask a New Question
Economics
International Trade
Trade Balance
If a nations exports=60 and imports=50 why is 10=surplus and not a balance or deficit.
1 answer
Because the country takes in more money for its exports than it pays for its imports.
You can
ask a new question
or
answer this question
.
Related Questions
Which of these groups contribute to total GDP?
A. human records, raw materials, capital goods B. government spending, capital
Compensation of employees $194.2
US exports of goods and services 17.8 Consumption of fixed capital (depreciation) 11.8
Which of these groups contribute to total GDP?
A. human records, raw materials, capital goods B. government spending, capital
Which accurately describes the role of mercantilism in the role of trade for European countries during the 16th century?
European
Use the table to answer the question.
Category Quantity (millions of dollars) Consumption 5 Investment 2 Government Spending 2
While the balance of trade is the difference between the monetary value of exports and imports, the balance of payments
A) counts
what happens when the value of a country's exports is higher than the value of its imports
a country makes a higher profit a
Which of these groups contribute to total GDP?
A. human records, raw materials, capital goods B. government spending, capital
Match the term to the definition. (3 points)
trade surplus imports tariff trade deficit exports subsidy :: When a country imports
Based on the total world trade share with the given information, find the nations deficit or surplus.
country A exports to