Question

Please help!!! I'm SUPER Confused!

Why do American businesses and our government want exports (products/services we sell to other countries) to be greater than imports (products/services other we buy from other countries)?

Answer 1

One possible reason may be if the country has a deficit balance of payment.

Step-by-step explanation:

This means that it imports more than it exports and as a consequences, the exchange rate depreciates (the value of the country's currency falls compared to another currency). In order to have an exchange rate appreciation, an equality between imports and exports is needed and so, the government encourages exports. :) HOPE THIS HELPS.