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Author Question: What are some of the consequences of a country having a large trade ... (Read 33 times)

Jipu 123

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What are some of the consequences of a country having a large trade deficit?

Question 2

What is the difference between weight and mass?



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kusterl

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Answer to Question 1

The country may have to borrow money or ask for credit from other countries. This introduces foreign debt and the country must pay interest on the money borrowed. Also, foreign debt can affect a country's economy by limiting the amount of money available for necessary work in the country.

Answer to Question 2

Mass is a measurement of the quantity of matter, whereas weight is a force exerted by gravitational pull against a mass. When speaking of items on earth however, the two are often used interchangeably.




Jipu 123

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Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)


emsimon14

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Reply 3 on: Yesterday
Excellent

 

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