Question

Why is it for a country to balance its import and export

Answer 1

Answer:

Sometimes a distinction is made between a balance of trade for goods versus one for services. ... If a country exports a greater value than it imports, it has a trade surplus or positive trade balance, and conversely, if a country imports a greater value than it exports, it has a trade deficit or negative trade balance.

Answer 2

A country should balance it import and export because the both bring equal profit to the country

And it is there duty too

#JAI HIND