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they both have to do with bringing and taking out goods for a country
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∙ 12y ago
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What is balance of trade?
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.
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 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
What are terms of trade?
terms of trade expresses the relationship between the prices at which a country sells its exports and the prices paid for imports.
What is the difference between total imports and exports?
The balance of trade.
What is balance of trade?
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.
What is a favorable balance trade?
it is the relationship between a country's imports and exports ;)
What is a favorable balanced of trade.?
it is the relationship between a country's imports and exports ;)
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 relationship between size of domestic economy and amount of exports and imports?
In general, the larger the country's domestic economy, the less dependent it tends to be on exports and imports relative to its GDP.
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
What are terms of trade?
terms of trade expresses the relationship between the prices at which a country sells its exports and the prices paid for imports.
What are Iran's imports and exports?
Imports and Exports
What are imports and exports of America?
what are imports and exports of america?
The difference between a country's merchandise exports and its merchandise imports?
balance of trade
What is the difference between total imports and exports?
The balance of trade.
