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    What are the possible reasons for a rise in imports and exports?
    For exports, something besides increase in production.
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    (Original post by Me14)
    What are the possible reasons for a rise in imports and exports?
    For exports, something besides increase in production.
    Value of currency.
    If the pound increases in value then imports become relatively cheaper because they would have gone down in value when exchanged.
    Also if the pound falls in value then imports will reduce since overseas goods are more expensive now and exports will increase since other countries will find UK goods relatively cheaper.
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    Rise in imports - decrease in domestic production , lack of competitiveness, changing demand in a market,

    Rise in exports - increase of competitiveness, increase in domestic production.

    Perhaps cite more specific examples - ie the USA is a large exporter of grain and wheat due to high production, but this high production is largely linked to over generous subsidies.


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    Rise in import: decrease competitiveness, appreciation of the exchange rate and fall in productivity

    Ries in exports: Increase in competitiveness, depreciation of exchange rate and increase in productivity

    (just naming a few here)
 
 
 
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