Explain when a country becomes an importer of a good. What about an exporter?
Explain when a country becomes an importer of a good. What about an exporter?
Homework Answers
When the amount of good a nation sells to the rest of the world is less than the amount of good it buys from the world , it becomes an importer in that good.
On the contrary, when the amount of good a nation sells to rest of the world is greater than he amount of good it purchases from other countries, it becomes an exporter .
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Explain when a country becomes an importer of a good. What about
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