trade deficit, balance of trade, or gross national product
2006-09-28 07:57:13 · 4 answers · asked by Jason M 2 in Education & Reference ➔ Homework Help
Trade deficit is the term you are looking for.
Chow!!
2006-09-28 08:02:23 · answer #1 · answered by No one 7 · 0⤊ 1⤋
Balance of trade.
A Trade deficit is more going out than coming in a trade surplus is the opposite. Both are elements of the Balance of Trade.
Gross National product is the sum of goods and service produced by a country including imports and exports. Gross Domestic product is the sum of all goods produced internally.
2006-09-28 08:04:30 · answer #2 · answered by Squid Vicious 3 · 0⤊ 1⤋
balance of trade
2006-09-28 08:08:08 · answer #3 · answered by raj 7 · 0⤊ 0⤋
trade defecit if they import more than they export...
trade surplus if they import less than they export...
2006-09-28 08:04:47 · answer #4 · answered by Andy FF1,2,CrTr,4,5,6,7,8,9,10 5 · 0⤊ 0⤋