You have to export, your money is worthless unless you export....

  1. 135 Posts.
    You have to export, your money is worthless unless you export.

    Money has no value, its just a IOU score card between countrys.. If you export $1 billion dollars to a country, then they owe you $1bill dollars worth of good and services back.. the $ amount just keeps tabs on where its at.

    If you have imported $10bil from one contry, but only exported $1bil to them.. then your country is in debt by $9bil to them and the only way you can pay it off is to buy $ which you do from exporting, either to them or someone else to get that global money to pass onto them.

    If you are not exporting and only importing, then you are not able to pay for what you consume.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.