786_ali on 11 April 2009
| SamuelRSmith said: 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. |
But you're assuming that the country starts off with nothing, otherwise the country can use some if it's money
Initiating social expirement #928719281
