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What is a negative balance trade?

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Anonymous

13y ago
Updated: 8/19/2019

import more than we export

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Wiki User

13y ago

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Related Questions

Negative balance of trade?

A positive balance is known as a trade surplus if it consists of exporting more than is imported; a negative balance is referred to as a trade deficit.


What is one way that a negative trade balance can be converted into a 0 balance of payments?

the imposition of tariffs


Motive of the British in the Opium Wars?

the negative trade balance between Britain and China


What reason did the British fight in the opium war?

he negative trade balance between Britain and china


When a country runs a trade deficit it does so by?

Countries run trade deficits by selling assets to or borrowing from foreign countries. A trade deficit happens when a country has a negative balance of trade.


What has happened to Mexico's balance of trade with the US since NAFTA took effect?

It became positive and grew exponentially. From a small negative balance of USD 1.66 billion in 1993 (bilateral trade amounted for 81.49 billion), nowadays it has a positive trade balance of 54.45 billion, and bilateral trade is 506.61 billion.


How is balance of trade made plural?

The plural of balance of trade is "balances of trade."


Negative collected balance?

Negative Collected Balance = Ledger Balance - Float, given Float > Ledger Balance.


Can a self directed IRA have a negative balance?

No, IRAs can not have a negative balance.


What is the difference between the balance of trade and the balance of payments?

the balance of trade is how much you receive the balance of payment is how much you pay


Can a nation have a favorable balance of trade and an unfavorable balance of payments?

Yes, as the balance of trade is only one part of the balance of payments


Does the US have a positive or negative trade balance?

As of my last update, the United States has a negative trade balance, meaning it imports more goods and services than it exports. This trade deficit has been a consistent feature of the U.S. economy for many years, driven by high consumer demand for foreign products and a strong dollar. While a trade deficit can indicate a robust economy, it also raises concerns about long-term sustainability and dependence on foreign goods.