Canada has a trade surplus of CAD 597.5m with botswana in 2018.explain why Canada is not lending money to botswana at this point . explain how this could turn into lending by Canada.
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Canada is not lending money to Bostwana at this point because Canada is acting as an exporter of goods and Bostwana is one which pays for the titles of the goods after the establishment of CAD.
Explanation:
- The lending can be made by Canada when the CAD value of Bostwana increases or Bostwana will become an exporter in sending goods to Canada in return for the payment.
- The lending process will become high from Canada when the rate of exports from Bostwana are higher.
To know more:
1) What is International trade?
https://brainly.in/question/4154600
2) Importance of international trade in economic development?
https://brainly.in/question/10844346
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