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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....
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What happens when level of imports is greater than level of exports?
A trade deficit
What are some examples of trade deficit?
oil imports greater than exports
What happens when the level of imports is greater than the level of exports?
A trade deficit
Net exports is a negative number when?
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.
According to the theory of mercantilism a country has a favorable balance of trade when?
the value of exports is greater than the value of imports
Explain why 1734 is greater than 175?
Explain why 1734 is greater than 175?
What happens when the level of imports is greater than the level exports?
A trade deficit
What happens when the level of import is greater than the level of exports?
A trade deficit
What happens when level of imports is greater than level of exports?
A trade deficit
What are some examples of trade deficit?
oil imports greater than exports
What happens when the level of imports is greater than the level of exports?
A trade deficit
Net exports is a negative number when?
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.
How do you explain 4 ninths is greater than 7 ninths?
It isn't. 7 ninths is greater than 4 ninths just as 7 is greater than 4.
Is it possible to have a probability greater than 100 Explain?
yes
How do you explain kilograms is greater than pounds?
Kilograms > pounds
According to the theory of mercantilism a country has a favorable balance of trade when?
the value of exports is greater than the value of imports
What is the difference between a favorable and an unfavorable balance of trade?
noun the difference between the values of exports and imports of a country, said to be favorable or unfavorable as exports are greater or less than imports. ----
