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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


What is an important balance of trade is called?

An important balance of trade is called the "trade balance," which measures the difference between a country's exports and imports of goods and services. A positive trade balance, or surplus, occurs when exports exceed imports, while a negative trade balance, or deficit, occurs when imports surpass exports. The trade balance is a key indicator of a country's economic health and competitiveness in the global market.


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 is the relation between net capital outflow and the trade balance?

Net capital outflow (NCO) and the trade balance are closely related in an economy. When a country has a trade surplus (exports greater than imports), it typically experiences a positive net capital outflow, as it is lending more to foreign entities than it is borrowing. Conversely, a trade deficit (imports greater than exports) usually coincides with negative net capital outflow, indicating that the country is borrowing more from abroad than it is lending. This relationship is articulated in the identity that NCO equals the negative of the trade balance: NCO = - (trade balance).


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.


When the balance of trade between what a nation?

The balance of trade refers to the difference between a nation's exports and imports of goods and services over a specific period. A positive balance, or trade surplus, occurs when exports exceed imports, while a negative balance, or trade deficit, happens when imports surpass exports. This balance can reflect a country's economic health, influence currency value, and impact policy decisions. Ultimately, a favorable balance can boost domestic industries, while an unfavorable balance may lead to increased foreign debt or economic vulnerability.


Can a self directed IRA have a negative balance?

No, IRAs can not have a negative balance.