Experience the power of community-driven knowledge on IDNLearn.com. Our experts provide timely and accurate responses to help you navigate any topic or issue with confidence.
Sagot :
One problem that may occur when a nation imports more than it exports is that the country might have trouble securing foreign currency reserves necessary to buy vital resources such as oil. By exporting goods countries obtain and maintain levels of currency reserves which allow them to purchase goods and services in the international market. Without these currency reserves transactions are more difficult.
the nation will be in debt because they are buying more then they are selling and therefore they need to borrow money and then when they don't get the money back by selling things they become in debt
Your engagement is important to us. Keep sharing your knowledge and experiences. Let's create a learning environment that is both enjoyable and beneficial. IDNLearn.com provides the best answers to your questions. Thank you for visiting, and come back soon for more helpful information.