Balance of trade
Balance of trade
The 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. ----
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
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.
The balance of trade.
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. ----
balance 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
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
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.
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.
The difference between the value of a country's exports and the value of its imports. If the value of exports exceeds that of imports, a country is said to have a trade surplus, while the opposite case is called a trade deficit.
balance of payment is the difference between exports and imports so if Australia's exports trade balance exceeds its imports trade balance then it is positive
hairy nut nation
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 deficit when a country's imports exceed its exports.