If a nation exports a goodSolutionWhen a nation exports a go

If a nation exports a good

Solution

When a nation exports a good, its Toatl surplus increases and its consumers decreases. A country exports a good because the world price is higher than the no-trade domestic price, domestic production of the good increase and domestic purchases of the good decreases. When a nation exports a good or service,it results in increasing employment in that industry. Export brings employment and money into the exporting country, and because of this the total GDP increases.