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- Will nations that are more involved in foreign trade tend to have higher trade imbalances, lower trade imbalances, or is the pattern unpredictable?Find the import of goods when the balance of trade are 40 and the exports of goods are 20??If the exports in a economy are $280139 and the imports are $127448 find the trade balance
- Which is better for a country—to export more or to import more?As the balance of trade are $100 and the import of the goods are $350 find the exports of goods?The table below shows the export and import values of automobiles, pharmaceuticals, and clothing in Country A and Country B. Country A Automobiles Exports ($Billions) Imports ($Billions) 20 40 Pharmaceuticals 30 30 40 Clothing Country B Exports ($Billions) Imports ($Billions) Automobiles 0 Pharmaceuticals 40 Clothing 45 The IIT share is zero for in Country A and for O pharmaceuticals; pharmaceuticals O clothing; pharmaceuticals O automobiles: pharmaceuticals Oclothing; automobiles 0 20 40 35 in Country B.
- What happens when a country's economy has a larger participation in foreign trade? It has an underlying trade imbalance. O It has a substantial trade imbalance. O It is more likely to suffer a larger trade imbalance. O It may measure its exports as a share of GDP.When does a society become an exporter of goods and an importer?A positive balance of trade is when: A. imports are greater than exports B. exports are greater than imports C. exports equal imports D. All of the Above