Bert26
Answered

Discover a world of knowledge at Westonci.ca, where experts and enthusiasts come together to answer your questions. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform.

One problem that may result when a nation imports more than it exports is _____.

Sagot :

Gibbs
One problem that may occur when a nation imports more than it exports is that the country might have trouble securing foreign currency reserves necessary to buy vital resources such as oil. By exporting goods countries obtain and maintain levels of currency reserves which allow them to purchase goods and services in the international market. Without these currency reserves transactions are more difficult. 
the nation will be in debt because they are buying more then they are selling and therefore they need to borrow money and then when they don't get the money back by selling things they become in debt
Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. We appreciate your time. Please come back anytime for the latest information and answers to your questions. Thank you for trusting Westonci.ca. Don't forget to revisit us for more accurate and insightful answers.