Identify/define and Explain the Significance of the Following: Paris Peace

question 39

Essay

Identify/define and explain the significance of the following: Paris Peace Conference.

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Definitions:

Net Exports

The value of a country's exports minus its imports; a positive number indicates a trade surplus, while a negative one indicates a trade deficit.

Trade Surplus

A situation in which a country's exports exceed its imports.

Exports

Goods or services sent from one country to another for sale or trade.

Imports

goods or services brought into one country from another for sale, often influencing the domestic market's supply and price levels.