[Answer] How can a nation benefit from effectively exporting its goods?

Answer: Its businesses can invest in the future.

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How can a nation benefit from effectively exporting its goods? What are the Benefits of Importing and Exporting Products? What are the Benefits of Importing and Exporting Products? What are the Benefits of Importing and Exporting Products? The Benefits & Opportunities of Exporting | The Hartford Thu Feb 27 2020 · When a nation effectively exports its goods it manages to bring capital in the economy to largely compensate for the capital outflow that takes place due to import demand or to earn profits if exports exceed imports that ultimately contribute to the GDP of the economy . Thu Feb 27 2020 · How can a nation benefit from effectively exporting its goods ? (i) Its citizens can buy cheaper goods . (ii) Its businesses can invest in the future. (iii) Its domestic spending increases. (iv) Its citizens have more money. A nation exports goods to which it has a productive advantage over importing countries whether technological knowledge natural resources supply of labor regional characteristics or more of one of these factors . In this way a country can specialize in one good and import others that another country produces more effectively. Here are the two key benefits of exporting products to other countries: 1. Increas...

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