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What it is called when the value of imports exceeds the value of exports?
Wiki User
∙ 13y ago
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.
Wiki User
∙ 13y ago
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What was China's per capita value of imports in 2003?
Its per capita exports value increased to $373, and imports to $360, in 2003.
What is favorable balance of trade?
A situation that exists when the value of a nation's exports is in excess of the value of its imports.
Is GDP and GDE are similar?
GDP=C+I+G+ (X-Z) GDE=C+I+G (this includes the value of all imports) GDP>GDE means that exports>imports GDE>GDP means that imports>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 was Belgium's per capita value of imports in 2003?
Belgium had exports at a whopping $29,770 and imports at $27,690 per capita.
When the value of a nation imports exceeds the value of that nations exports the nation is said to have?
When nation's value of imports exceeds the value of its exports, it can be said that the nation has a trade deficit.
What's a trade surplus?
the amount by which the value of a country's exports exceeds the cost of its imports.
When the value of the products that a country imports exceeds the value of the products it exports a what occurs?
An unfavorable balance of trade occurs, whereupon the sky becomes dark and a chill wind sweeps over the country.
What was China's per capita value of imports in 2003?
Its per capita exports value increased to $373, and imports to $360, in 2003.
What was China's per capita value of exports in 2003?
Its per capita exports value increased to $373, and imports to $360, in 2003.
This is the difference in the monetary value of exports and imports for a country?
Balance of Trade
What is favorable balance of trade?
A situation that exists when the value of a nation's exports is in excess of the value of its imports.
Is GDP and GDE are similar?
GDP=C+I+G+ (X-Z) GDE=C+I+G (this includes the value of all imports) GDP>GDE means that exports>imports GDE>GDP means that imports>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 was the U.S. per capital value of imports in 2003?
The U.S. per capita values of exports were $3,440 and imports were $5,208.
What was Belgium's per capita value of imports in 2003?
Belgium had exports at a whopping $29,770 and imports at $27,690 per capita.
What was Belgium's per capita value of exports in 2003?
Belgium had exports at a whopping $29,770 and imports at $27,690 per capita.
