Explore BrainMass

Explore BrainMass

    Change Toward an Export-Driven Economy

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Would a change toward an export-driven economy be more beneficial for the U.S.? Any brief thoughts?

    © BrainMass Inc. brainmass.com June 3, 2020, 11:29 pm ad1c9bdddf
    https://brainmass.com/business/accounting/change-toward-export-driven-economy-281206

    Solution Preview

    A move toward an export driven economy would be more beneficial for the U.S. economy, as the arguments of some economists are. With a more export driven economy the balance of payments or BOP, which is the measure of the outflow and inflow of payments for transactions between the United States and the rest of the world, would then favor inflows to the U.S. Hence, a more ...

    Solution Summary

    The solution answers if a change toward an export-driven economy be more beneficial for the U.S.

    $2.19

    ADVERTISEMENT