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From course:

Economics A Level (DONEEEEEEE)

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Question:

How can the State of the World Economy affect Imports and Exports? Use Britain and Ireland as example s

Author: eric_galvao



Answer:

-Higher a Nation Real Income, then they will Import More. So Net Exports will Fall as a result -Ireland is experiencing Negative Economic Growth, and Britain is its main Exporter. Britain will see [If Imports stay the Same] a Worse Net Exports as Ireland starts Importing Less. The Opposite [Ireland has Economic Growth] is True [Britain is better off]


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