asked 178k views
4 votes
What happens to a nation’s economy when they export more than they import and use economic terms please:)

1 Answer

5 votes

Answer:

When a nation exports more money they lose money.

Example:

If India exported 5 million dollars worth of cotton they lose 5 million dollars worth of cotton. 5 million dollars is not a lot for a nation's economy but I hope you understand!

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User Rabs
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