global
Instructions
A lot of people, including politicians, tend to think of exports as positive for the economy and imports as negative. What is your opinion on this topic? Provide some examples of countries that pursue this concept. Support your answer.
Answer
Most times, exports have been perceived to be more beneficial than imports are. Below are some of the benefits that are associated with exports;They are a source of revenue-With exports, a country is able to gain so much, since the countries that buy goods from them make payments for the goods they purchase. In this case, the revenue that gets generated from the sale of goods allows the countries to invest the returns in other activities within the country (McIntyre et al., 2018). Increased generation of revenue also allows the economy of the count to improve, especially due to the increased supply of money within the economy. Diversification of the market opportunities which guarantees greater stability of the economy and generation of income. Most times, the market systems within a count...
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