When our imports ______ our exports, we say we have a favorable trade balance; however, when our imports and exports are the other way round we say we have an unfavorable trade balance.
When our imports ______ our exports, we say we have a favorable trade balance; however, when our imports and exports are the other way round we say we have an unfavorable trade balance.
Why is it that Britain today imports more clothing than it exports?()
Practice 2 ● Look at the graphs below. They show the imports and exports of eight different countries(A-H).
● Which graph does each sentence (11-15) describe?
● For each sentence, choose one letter (A-H).
● Do not use each letter more than once.
11. Exports fell during the second year but then make a strong recovery in the final year.
12. Exports reached a peak at the beginning of the third year, while imports fell steadily through the whole period.
13. Imports remained fairly steady for the first two years before dropping dramatically in the third year.
14. Exports dropped in the first year but then increased considerably and overtook imports in the final year.
15. Imports rose over the whole period, while exports reached a peak at the beginning of the third year and then began to fall.
When our imports ______ our exports, we say we have a favorable trade balance; however, when our imports and exports are the other way round we say we have an unfavorable trade balance.