What happens when the level of imports is greater than the level of exports ?

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18-05-2020
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What happens when the level of imports is greater than the level of exports ?

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noavbockel noavbockel · Answer 1 · 2020-05-18T11:16:53+02:00

noavbockel noavbockel

18-05-2020

If a country export a greater value than imports, it has a trade surplus or positive trade balance, and conversely, if a country imports a greater value than export, it has a trade deficit or negative trade balance

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