Results for: Balance-of-trade

What is balance of trade?

Balance of trade is the relationship between a country's exports and imports. There is a trade surplus when a country's exports exceed its imports, and there is a trade defici (MORE)

Balance of trade vs balance of payments?

Basis of Difference Balance of Trade (BOT) Balance of Payment (BOP) / / 1. Definition Balance of trade may be defined as difference between export and import of goods and s (MORE)

What is favourable balance of trade?

Balance of trade, or net exports as it is sometimes called, is the difference between the monetary value of exports and imports of an economy over a certain period of time. In (MORE)
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What is Balance-of-trade?

The difference in value of goods that a country sells abroad compared to those it purchases from other countries.
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What is the balance of trade?

The balance of trade (or net exports, sometimes symbolized as NX)  is the difference between the monetary value of exports and imports  of output in an economy over a certai (MORE)