Geography, asked by krpatel3355, 28 days ago

explain balanced and unbalanced Trade​

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Answered by UniqueBabe
0

balanced=A balanced trade model is one in which imports of a country are equal to its exports. ... While proponents of balanced trade point to its role in protecting growth, jobs, and wages in an economy that runs a trade deficit, opponents say it will cause inflation and imposition of tariffs and duties might spark a trade war.

unbalanced=When a country's trade is in balance its exports are the same as its imports so the export/import trade has no impact on the overall balance of the economy. ... To see how an unbalanced trade system works lets imagine just two countries, one is running a trade surplus and the other a matching trade deficit.

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