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Tems11 [23]
4 years ago
13

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

Business
2 answers:
Vinil7 [7]4 years ago
3 0

Answer:

Not a proper question.

Explanation:

Rzqust [24]4 years ago
3 0

Answer:

trade surplus

Explanation:

if a country imports more than it exports, it is a trade surplus

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6 0
2 years ago
What is the difference between having a co-signer and becoming an authorized user?
prohojiy [21]

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8 0
3 years ago
Read 2 more answers
Country A can produce two goods: good X is labor-intensive and good Y is labor-intensive. As a result of international trade the
vekshin1

Answer:

Both goods are originally labor intensive, so we can conclude that the country has a lot of labor resources, while their capital resources should be rather limited. Since the world price of good X increases compared to the price of good Y, then the country will export larger amounts of good X since its price is relatively higher.

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