How do imports affect the economy?
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Works at the International Committee of the Red Cross, Lives in Geneva, Switzerland.
If exports exceed imports, the net exports figure would be positive, indicating that the nation has a trade surplus. If exports are less than imports, the net exports figure would be negative, indicating that the nation has a trade deficit. ... A high level of imports indicates robust domestic demand and a growing economy.
2023-04-17 14:09:30
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If exports exceed imports, the net exports figure would be positive, indicating that the nation has a trade surplus. If exports are less than imports, the net exports figure would be negative, indicating that the nation has a trade deficit. ... A high level of imports indicates robust domestic demand and a growing economy.