What are the major issues with regard to trade imbalances for low- and middle-income countries?

Q: What are the different phases of a trade cycle?

A: The economies around the world operate with the motive to enhance their development, and growth. The…

Q: The ‘current account’ includes records of a country’s: Select one: a. net exports. b. net primary…

A: Current account plays a major role in understanding how an economy is performing in a given time…

Q: how can countries attain/account for trade equilibria when involved in trade transactions?

A: Getting involved in trade transactions means trading in the goods and services with the rest of the…

Q: Does foreign exchange market produce identical products

A: The foreign exchange market is a market where in which foreign currency are bought and sold. It is…

Q: Globalism is a political belief system True or false

A: Globalization (Commonwealth English; see spelling variants) refers to people, businesses, and…

Q: Explain the two main difficulties that arise in comparing the GDP of different countries. Which…

A: There are three manners by which this action can be evaluated, income, consumption, and worth…

Q: If imports exceed exports, is it a trade deficit or a trade surplus? What about if exports exceed…

A: ANS If the total amount of goods & services a country imports from other countries of the world…

Q: Is it possible for countries to achieve internal and external balance in their economies

A: The economies can experience the internal and external balance if they work according to the…

Q: Detail What is unfavorable balance of trade ?

A: The difference between export and import of the country determines whether the trade is favourable…

Q: Why is GDP and GNP converted to US dollar

A: Gross domestic product (GDP) measures the money value of all final goods and sevices produced within…

Q: An unfavorable trade balance is Called an?

A: Trade Balance also known as Balance of trade which means the difference of the country's total…

Q: Define trade surplus and trade deficit.

A: The balance of trade is referred to as the trade balance and is marked within the international…

Q: s it possible for countries to achieve internal and external balance in their economies ? Explain .…

A: Yes, it is possible for countries to attain external and internal balance.

Q: What is a trade deficit?

A: The trade deficit happens when there is a negative net sum or negative equilibrium in a worldwide…

Q: Write on topic, How India emerged after the wave of globalization

A: The integration of a national economy with the global economy is represented by the term…

Q: We often hear that trade deficits are bad for a country. Should we agree or disagree with this…

A: Trade deficit is a situation which arises when the imports of the country exceeds its exports that…

Q: When calculating net exports, if the cost of imports is smaller than the value of exports for a…

A: Exports and imports of goods and services are the components of the trade. Trade is important for…

Q: give at least 2 essay questions about globalization

A: Globalization is the phenomenon which explains the interconnection of worlds through trade and…

Q: What are the major issues with regard to trade imbalances for the U.S. economy?

A: The United States is one of the world’s strongest nations which also has an all round accepted…

Q: How reasonable is it for every country to follow policies aimed at increasing net exports?

A: Net exports are the difference between exports and imports of the country.

Q: how does globalization affect global demography

A: Economics as a subject was developed since there was a limited amount of resources on earth.…

Q: What are the relevance of the state amid globalizations.

A: Globalization also fosters a sense of interdependence, which càn lead to power inequalities between…

Q: If the value of exports are 11,000 and the value of imports are 3000 find  the balance of trade?

A: Given information:- Imports  = 3000 Exports   = 11000    Balance of trade is difference between…

Q: why is the recovery of global economy, especially the Euro Zone, so important to the South African…

A: Economy can be democratic or it can be under dictatorship or it can be communist. For example United…

Q: What does Friedberg mean by “Globalization 1.5?”

A: In Globalization Cross-border trading in commodities and services, technology, and investment flows,…

Q: How do government budget deficits affect the exchange rate and trade balance?

A: The rate at which one country's currency can be exchanged for another country's currency is known as…

Q: What are the major components of trade balance

A: Trade balance, or balance of trade, is the term used to calculate the difference between a country's…

Q: Balance of trade

A: International commerce enables governments to open new markets for goods and services that would…

Q: Explain the following  1) concept of Trade Balance Adjustments

A: Trade: The term trade refers to the action that encompasses the buying and selling of a commodity.…

Q: Why a certain country must have its own economy policy

A: An economy is an amalgamation of all the economic, socio, institutional, financial, and many such…

Q: A country has a net foreign investment of $-5 Trillion? What does this mean?

A: Balance of Payment refers to the systematic record of all economic transactions between the…

Q: How does the production of cash crops affect the people of the exporting country and the importing…

A: The cash crop is the crops that are sold by the farmer after harvesting to earn profit. These crops…

Q: What is the share of world import to world GDP

A: The total financial or market value of all finished merchandise and services created within a…

Q: What is more important, a country’s current account balance or GDP growth? Why?

A: The concept of the current account balance is narrow as compared to the concept of the GDP. The…