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When a country has a favorable balances of trade?
Balance of trade, or net exports as it is sometimes called, is the difference between the monetary value of exports and imports of an economy over a certain period of time. In other words, it denotes the relationship between a country's imports and exports. This may be positive or negative.A positive trade balance is known as a trade surplus and this happens when exports are more than imports. On the other hand, a negative trade balance is called as a trade deficit or a trade gap and results when the imports are more than . The balance of trade is sometimes divided into a goods and a services balance.A country attains favourable balance of trade, when its value of exports produced by that country and purchased by a foreign country is more than its imports. This is because it results in a net inflow of monetary payments into the country from the foreign sector. It is called favourable becasue it is beneficial to a country.M.J. SUBRAMANYAM, MUMBAI
Why there is a huge gap between rich and poor in developing country?
Due to lack of financial resources there is a huge gap between rich and poor developing country.
What does GDP gap measure the difference between?
GDP Gap measures the percent difference in Real and Potential GDP
What is a gap or shortfall between income and outgo or spending called?
a profit
What is the wealth gap?
A wealth gap is the difference between rich and poor people. Scientists use this word to help them discuss the poverty in foreign countries. A wealth gap is the difference between rich and poor people. Scientists use this word to help them discuss the poverty in foreign countries.
When a country has a favorable balances of trade?
Balance of trade, or net exports as it is sometimes called, is the difference between the monetary value of exports and imports of an economy over a certain period of time. In other words, it denotes the relationship between a country's imports and exports. This may be positive or negative.A positive trade balance is known as a trade surplus and this happens when exports are more than imports. On the other hand, a negative trade balance is called as a trade deficit or a trade gap and results when the imports are more than . The balance of trade is sometimes divided into a goods and a services balance.A country attains favourable balance of trade, when its value of exports produced by that country and purchased by a foreign country is more than its imports. This is because it results in a net inflow of monetary payments into the country from the foreign sector. It is called favourable becasue it is beneficial to a country.M.J. SUBRAMANYAM, MUMBAI
Is the Darien Gap better for legal trade?
The Darién Gap is a poverty stricken/ lawless and dangerous; of what legal trade would there be? I can see the illegal trade to be booming in the Darién Gap.
How has the petroleum industry contributed to South Africa's development and prosperity?
I would say negatively, because we have a huge trade deficit that our stock market has to fund due to the gap left by high oil imports.
What is a gap in football?
Gaps correspond with the areas of space between offensive linemen. Each gap is given a letter: the space between center and guard is the A gap, between guard and tackle the B gap, between tackle and down tight end the C gap, and any space past an uncovered tackle or tight end the D gap.
Gap between each wicket?
the gap between each wicket is 22 yards (20.12 metres)
What is the gap between your car and other cars?
Sometimes its the price gap between your car and other cars out there.
What is a gap in Cricket?
the space between two fielders is called a gap
What is the meaning of gap in math?
A gap is a space between each sentence.
Is there a gap in season 4 discs 4 and 5 OF Gilmore Girls?
No, there is not a gap between discs 4 & 5. No, there is not a gap between discs 4 & 5.
What is the difference between a mountain gap and a mountain pass?
A mountain gap is usually a naturally occurring gap between mountains. A mountain pass is usually a man made pass between mountains.
What is customer gap?
The Gap between Consumer Expectation and Management Perception. The knowledge gap is the difference between the customer's expectations of the service provided and the company's provision of the service.
What is an age gap?
An age gap is a jump in years between numerous people. For instance "there is a 3 year age gap between me and my girlfriend because she is 16 and I am 19"
