Ask Question
11 May, 14:03

This is a situation that exists when a country imports more than it exports.

+5
Answers (1)
  1. 11 May, 14:25
    0
    When a country imports more than it exports it's considered a trade deficit. Hence a trade deficit will exist, or an unbalanced trade

    Explanation:

    If a country exports a greater value than it imports, it has a trade surplus or positive trade balance, and conversely, if a country imports a greater value than it exports, it has a trade deficit or negative trade balance.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “This is a situation that exists when a country imports more than it exports. ...” in 📗 Physics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers