Question
Why do countries often make sure they export more than they import?
Choose the best answer
to avoid paying tariffs on the goods they export to other countries
to generate enough income from exports to cover the cost of imports
to prevent an excess of imports that will devalue the countries currency
to prevent an excess of imports that will lead to inflation
Choose the best answer
to avoid paying tariffs on the goods they export to other countries
to generate enough income from exports to cover the cost of imports
to prevent an excess of imports that will devalue the countries currency
to prevent an excess of imports that will lead to inflation
Answers
GPT-4o mini
The best answer is: **to generate enough income from exports to cover the cost of imports**.
This reflects the desire of countries to maintain a favorable balance of trade, ensuring that they have enough revenue from exports to pay for the goods and services they import.
This reflects the desire of countries to maintain a favorable balance of trade, ensuring that they have enough revenue from exports to pay for the goods and services they import.