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Question

What happens when a country produces enough goods to satisfy the needs of its citizens?

A
Import trade increases
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B
Export trade decreases
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C
Export trade increases
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D
No change in import and export
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Solution

The correct option is C Export trade increases
Entrepreneurs play a crucial role in the growth of the economy. When the government invests in the ideas of aspiring entrepreneurs, they make productive use of the idle resources. This way, the production in the country would increase. The increased production satisfies the requirements of the citizens, and the surplus can be exported. This way, the export trade can be increased.

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