gdp includes consumption, investment ,govt spending and net exports.......the last term i,e., net exports is nothing but (exports-imports) .so if imports are far higher than exports then it can make the term gdp less than the term exports .....countries having heavy import based economy will have this anamoly.....especially small countries like singapore Luxembourg have this feature....
oil imports greater than exports
A trade deficit
A trade deficit
This is when a countries imports are more than its exports itÊis most commonly referred to as a trade deficit. These terms are used in accounting and usedÊin explainingÊand calculating a countries GDP.
the value of exports is greater than the value of imports
Explain why 1734 is greater than 175?
oil imports greater than exports
A trade deficit
A trade deficit
A trade deficit
A trade deficit
This is when a countries imports are more than its exports itÊis most commonly referred to as a trade deficit. These terms are used in accounting and usedÊin explainingÊand calculating a countries GDP.
It isn't. 7 ninths is greater than 4 ninths just as 7 is greater than 4.
yes
Kilograms > pounds
the value of exports is greater than the value of imports
0.4 is greater. Four parts out of ten is greater than four parts out of 100.