How it is influenced by foreign exporter 's rich people
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A country's balance of trade is defined by its net exports (exports minus imports) and is thus influenced by all the factors that affect international trade. These include factor endowments and productivity, trade policy, exchange rates, foreign currency reserves, inflation, and demand.
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International trade, economic transactions that are made between countries. ... Mercantilist analysis, which reached the peak of its influence upon European ... It insisted that the acquisition of wealth, particularly wealth in the form of ... national industries, promote exports of finished goods and imports of raw ...
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