answersLogoWhite

0


Best Answer

Balance of trade

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is defined as the difference in value of a country's exports and imports over a period of time?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

The difference between visible exports and visible imports is defined as?

Balance of trade


What is the difference in value between what a nation imports and what it exports?

The difference in value between what a nation imports and what it exports is called the trade balance. If a country exports more than it imports, it has a trade surplus. If it imports more than it exports, it has a trade deficit. A balanced trade is when a country's imports and exports are equal.


What is the difference between total imports and exports?

The balance of trade.


The difference between a country's merchandise exports and its merchandise imports?

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 are Iran's imports and exports?

Imports and Exports


What it is called when the value of imports exceeds the value of exports?

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.


This is the difference in the monetary value of exports and imports for a country?

Balance of Trade


What are imports and exports of America?

what are imports and exports of america?


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 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


What is the difference between terms of trade and 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