A single number

The national accounts do not show the individual importer or exporter and the value of their trade. It aggregates everything into a single number for exports and imports and provides readers with a measure of the trade balance at a point in time. It is therefore the collective thinking of the market participants that is often presented in the national accounts. That common perspective enables one to recognize that the individual importers and exporters see some value in doing the things that they do. The impact of those decisions is reflected in what appears to be a willingness to take advantage of trade credits and other means of financing imports in order to make goods and services available to the Guyanese people. It also has the added benefit of creating employment and boosting incomes. This is the case even though people know that when it is all said and done, creditors will be waiting for payment. The impact of foreign trade is significant for Guyana. Recent statistics show that the entire national income depends on foreign trade and even though Guyana ends up owing producers of a foreign country each year, international trade will never stop. Some of the motivations behind the trade business are provided below.

Borrowing

Countries trade with each other mainly because trading makes a country better