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Slimebeast, not true.

When you import a good, the money is coming out of your country, and into another, when you export a good money leaves another country and goes into yours. If you import more than you export, then more money is leaving your country than going in - you need to get that money to pay back the goods from somewhere, and that somewhere if from net exporters.

Trust me, I know what I'm talking about, I've spent the last six months studying macroeconomics - I know what the Balance of Payments is.