Ask Question
15 October, 22:32

How does a country's business cycle generally affect the international trade balance?

+3
Answers (1)
  1. 16 October, 02:12
    0
    How does a country's business cycle generally affect the international trade balance? Depending on the growth an sales of businesses affecting the economy, imports may drop and as they start to boom, imports begin to rise. Exports may also drop, but trade deficit normally does not happen during these times. A recession or recessionary period can contribute to the import and export sizes within different countries.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “How does a country's business cycle generally affect the international trade balance? ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers