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The difference between a country's merchandise exports and its merchandise imports?
Wiki User
∙ 15y ago
balance of trade
Wiki User
∙ 15y ago
Wiki User
∙ 14y agonet exports
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How would you define balance of trade?
The balance of trade, also known as net exports, is the difference between the dollar amount of merchandise exports and the dollar amount of merchandise imports.
Why has the goods and services balance sometimes shown a surplus while the merchandise trade balance shows a deficit?
The reason is that goods and services exports minus exports on merchandise trade plus services while merchandise trade is for only exports minus importsexcluding services. Goods and services is exports minus imports plus services. Merchandise trade is exports minus imports excluding services
What is the difference between total imports and exports?
The balance of trade.
What is the difference between a favorable and an unfavorable balance of trade?
noun the difference between the values of exports and imports of a country, said to be favorable or unfavorable as exports are greater or less than imports. ----
What was New France merchandise between 1550 and 1700?
Their major exports would have been fur, fish and timber. Michael Montagne
Has the trade deficit shrunk or expanded?
As may be noted, while the volume of total exports and imports increased in dollar terms over the period, the disparity between merchandise imports and exports widened in the later years.
The difference between visible exports and visible imports is defined as?
Balance of trade
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 certain period. It is the relationship between a nation's imports and exports.
What is the difference in value between what a nation imports and what it exports over time?
The the difference in value between what a nation imports and exports over time is called the trade balance. If a nation exports more than it imports, it has a trade surplus. If a nation imports more than it exports, it has a trade deficit. This trade balance can impact a nation's currency value and overall economic health.
What is the term for the difference between the total value of exports and the total value of inports?
balance of trade
What is the difference in the value between what a nation imports and what it exports over time?
hairy nut nation
What is the Difference between balance of trade and terms of trade?
terms of trade is the relationship of prices of imports and exportstot=price index of imports---- price index of exportsbalance of trade is the difference between total exports and total importsbot=totall exports- total imports
